Schmid Silicon Technology GmbH (SST), Gebr. Schmid GmbH + Co. and Xinjiang Puxing Chengda New Energy Technology Co. Ltd. have signed a contract for a 3,000-ton polysilicon factory, as well as a strategic partnership agreement for an integrated solar cell and solar module factory.
Xinjiang Puxing Chengda will invest 10 billion RMB to build a PV industrial park and a solar production base in three years. SST notes that it will use monosilane technology that offers low production costs the potential for further dramatic cost reductions over the next couple of years.
SOURCE: Schmid Silicon Technology