The total investment for polysilicon projects under construction in China exceeds 70 billion yuan

Since the second half of 2006, the concept of polysilicon has gradually increased in China, and many listed companies have stepped into it. The companies that invest in polycrystalline silicon in A shares include CSG A, Chuantou Energy, Tianwei Baoji, TBEA, Jiangsu Sunshine, Leshan Power, Qijiang Hydropower, Tongwei, Aerospace, Guidong Power, Yinxing Energy, etc. Yu Jia. Although the economic crisis was encountered in 2008, many companies still continued to expand their production in anticipation of the market.

The latest data analysis of China Energy Advisors' Energy Industry Research Department shows that at present, there are more than 20 polysilicon projects under construction in China, with a total investment of more than 70 billion yuan.

Among them, the largest projects under construction are Nanjing Continental Investment Group, US PPP, SCC, and West Maple, etc. to jointly invest in the Toketo County polysilicon project with a total investment of 18 billion yuan, and the construction scale will be an annual output of 18,000 tons of polysilicon. And Yunnan Ai Sixin Technology Co., Ltd. plans a total of 10,000 tons/year of polysilicon projects with a total investment of over 10 billion yuan. The latest project started was invested by Shandong Haolang Energy Technology Co., Ltd. on April 18, 2009. The initial investment was 1.1 billion and the total investment reached 9 billion.

Under the financial crisis, the company is still investing heavily in the photovoltaic industry. Zhang Kanghui, president of Perlon Energy, said: “After the company has not yet started production, it has already obtained two long-term purchase orders from the United States, plus a drop in the cost of solar power generation, especially in the country. Recently, a number of policies have been introduced to support the development of new energy, so that photovoltaic power generation will have the potential to compete with conventional energy sources. The photovoltaic industry is expected to usher in a fast-growing sunny day in the cold winter of the economic crisis."

According to previous data from the China Energy Advisors' Energy Industry Research Department, cumulative investment in polysilicon projects in China has reached 44 billion yuan since 2006, and it seems that this trend has become increasingly fierce. China Investment Advisor Energy Industry Analyst Jiang Qian said that the investment in domestic polysilicon projects continued to heat up, indicating that the new energy industry represented by solar energy is facing tremendous opportunities for development as the energy crisis has intensified. However, if it is said that under the financial crisis, the price of polysilicon has continued to defy investment under the situation that has been evaded, and it is suspected of blindly moving forward. In fact, the most important issue for domestic polysilicon companies may not be to continue to expand production capacity and to seize market share; to increase investment in technology research and development, and then to break through the technological monopoly of international giants, so that domestic companies can have a discourse in the world market in the future. right.

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