l'Actualité du Solaire

China's Tongwei is planning to invest $3.9 billion to increase its silicon production capacity. The company plans to produce 500,000 tonnes of industrial grade silicon per year and 400,000 tonnes of crystalline silicon at the new facility.

The project is divided into two construction phases,

each phase is expected to take 15 to 18 months. The first phase will result in a production capacity of around 200,000 tonnes each, for both industrial silicon and high-purity crystalline silicon, with an estimated investment of around RMB 13 to 14 billion. The aim is to complete construction and start production by the end of 2025.

At a time when silicon prices are falling, Tongwei is increasing its production capacity. During 2023, the average transaction price of silicon fell from RMB 170/kg to RMB 70/kg.

In December 2023, Daqo Energy announced a RMB15 billion investment plan to build a new silicon production plant.

The concomitant expansion of production by these two industry giants (Tongwei and Daqo) against the backdrop of falling prices for silicon materials can be seen as a significant market signal.

https://www.pv-tech.org/tongwei-plans-us3-9-billion-investment-to-boost-silicon-production/

PV Tech of 15 January 2024

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Tongwei has just announced that its cell production capacity had reached 200 GW by the end of 2023, representing a market share of 15%. It is the market leader.

The company has set up an innovation chain for the industry by officially launching its global research and development centre project at the end of 2023.

https://www.pv-tech.org/industry-updates/tongwei-solar-global-cell-shipments-surpass-200gw/

PV Tech of 29 January 2024

Editor's note There is a contrast between the vast development plans of Chinese manufacturers and the small quantities envisaged by American and European manufacturers! This is the attitude of a steamroller that eliminates everything in its path and has only one direction: forward.