Daqo New Energy, a manufacturer of polysilicon for solar PV industry, announced that it has commenced initial production at the Phase 3A polysilicon facility located on its Xinjiang polysilicon manufacturing site.
All the construction and installation work related to Phase 3A was completed by the end of 2016. With the new Phase 3A facility having started initial production, Daqo expects to reach a full production run rate of 18,000 MT per annum at its Xinjiang polysilicon facilities by the end of the first quarter of 2017.
"We are very excited to have successfully completed the Phase 3A project and commenced initial production at this new facility ahead of schedule,” commented Dr. Gongda Yao, Chief Executive Officer of Daqo New Energy. “We expect to reach full production throughput by the end of the first quarter of 2017, months ahead of our original schedule.”
The company have achieved the highest capital expenditure efficiency in the its history of polysilicon capacity expansion by reutilizing idle machinery and equipment in Chongqing and leveraging existing shared facilities in Xinjiang. With technology upgrades, equipment addition, and process improvement, Daqo anticipate achieving further cost reduction and quality improvement, which will help it better serve customer demand, especially from the high-end markets such as high-efficiency mono crystalline wafer.