China s largest solar polysilicon company

How big is China's solar-grade polysilicon industry?

“China achieved a share of 89% in the global output of solar-grade polysilicon in 2022, and expansion continues unabated. The six largest Chinese manufacturers alone have additional capacities of roughly 1.5 million MT in the pipeline for 2023 and 2024,” the report states, stressing the dominance of the Chinese polysilicon industry.

Who are the world's largest polysilicon manufacturers?

Ranking of the world’s largest polysilicon manufacturers places Tongwei Co., Ltd. (China) at number one. The top ten ranking of polysilicon manufacturers is based on the actual output in 2020, not as per the production capacity. Seven of the top ten are based in China. The list of the top ten rank holders is provided here.

Where are the world's top polysilicon producers now?

German-based polysilicon producer Wacker Chemie has fallen to fourth place in the list of the world’s top polysilicon firms, which means the Top 3 producers are now all in China. Tongwei, GCL Technology (previously GCL-Poly Energy) and Daqo New Energy now lead the rankings, published by Bernreuter Research.

Does China make polysilicon?

China is a leader in the manufacture of polysilicon — the basic material that goes into making solar panels. China has cracked the code for how to make high quality, cheap polysilicon. LEILA FADEL, HOST: You've probably been hearing about polysilicon recently.

Where are solar panels made in China?

Jiangsu Province is renowned as one of China’s largest solar panel manufacturing hubs. Located on the east coast, it has the advantage of being near ports, which facilitates the ease of exporting solar panels. The province hosts a multitude of solar panel manufacturers in China, including Trina Solar, one of the world’s largest.

How will China's polysilicon industry grow?

Since a gigantic expansion wave is currently underway in China, the country’s share in the global polysilicon output will grow even further: to more than 90%. In wafer, solar cell and module production, the Chinese industry has already reached such or still higher market shares.