ReneSola Ltd. has restarted production at its Sichuan, China, polysilicon plant following upgrades to its furnaces and hydrochlorination technology. The company had halted production in November 2012 to perform the upgrades.
ReneSola expects to produce approximately 1,800 to 2,000 metric tons of polysilicon in the third quarter of this year, with a production cost of approximately $18/kg, compared to approximately 1,176 metric tons of polysilicon with a production cost of approximately $24/kg in the third quarter of 2012.
‘Our polysilicon plant upgrades are key to reducing our overall wafer and module production costs, as well as shielding us from volatility in the polysilicon market,’ says ReneSola CEO Xianshou Li. ‘We're confident our expanded, internal polysilicon production will continue to lower our production costs.’