The company has already commenced ramping up production for the newly added facilities and would increase the annual capacity to 6,150 MT and lower the total production cost to the level of $14 per kg.
Daqo New Energy CEO Gongda Yao said the project was completed in time and the company would spare no effort to further enhance its operation to optimize its cost structure and quality.
"As the solar PV market keeps improving, we see stronger demands for polysilicon recently. The newly added capacities will enable us to better address our customers’ increasing needs for high quality polysilicon," added Yao.
The company is engaged in the manufacture and sale of polysilicon and wafers to photovoltaic product manufacturers.
