the who’s who of solar silicon productionbernreuter.com/fileadmin/user_upload/silicon... · the...
TRANSCRIPT
![Page 1: The Who’s Who of Solar Silicon Productionbernreuter.com/fileadmin/user_upload/silicon... · The Who’s Who of Solar Silicon Production provides you with a unique source of com-prehensive](https://reader031.vdocument.in/reader031/viewer/2022011901/5f097b657e708231d427096f/html5/thumbnails/1.jpg)
The Who’s Who of Solar Silicon ProductionCompanies, Technologies, Cost, CapacitiesGlobal Perspectives through 2012
Johannes Bernreuter · Frank Haugwitz
„An excellent overviewwith many substantial insights“
Alexander Berg, CEO at Schmid Silicon Technology GmbH
![Page 2: The Who’s Who of Solar Silicon Productionbernreuter.com/fileadmin/user_upload/silicon... · The Who’s Who of Solar Silicon Production provides you with a unique source of com-prehensive](https://reader031.vdocument.in/reader031/viewer/2022011901/5f097b657e708231d427096f/html5/thumbnails/2.jpg)
B E R N R E U T E R R E S E A R C H • H u t te n s t r. 10 • 97072 Wü r z b u rg • G e r m a ny • Te l . + 49 / 931 / 784 77 81 • i n fo @ b e r n re u te r. co m • w w w. b e r n re u te r. co m
Your Silicon Expert GuideThe Who’s Who of Solar Silicon Production provides you with a unique source of com-prehensive information on 150 companies in the sector – incumbent manufacturers, new entrants and technology developers in the Americas, Europe, Japan, South Korea, China, Taiwan, Russia and the Commonwealth of Independent States, India and the Middle East.
Numerous details from primary research and secondary sources have been con-densed in 96 in-depth company profiles and 54 additional project reviews. Two chapters give you valuable insight by analyzing the latest market and technology trends for electronic and solar-grade polysilicon as well as upgraded metallurgical-grade (UMG) silicon.
► Each company profile contains information on the foundation and background of the company, its web site, shareholders, factory location, start of construction and production, reactor suppliers and engineering companies, the amount of invest-ment, production technology, manufactured volumes from 2006 through 2008 (for companies already in production), and capacity forecasts by the end of 2012.
► Companies at an earlier stage – usually during project development – are covered in project reviews that provide the most important data like factory location, plan-ned capacities and start of production.
► Companies that develop new process technologies are a special focus of the report. They are portrayed in a full profile, including a detailed description of the novel production process, based on extensive patent research.
► The market chapter surveys capacity additions across the world regions, analyzes the impact of the international financial crisis, identifies potential winners among the manufacturers, and provides a global supply/demand scenario for the poly- silicon / UMG silicon market through 2012.
► The technology chapter examines nine alternatives to the standard Siemens pro-cess in terms of technical viability and potential cost. In particular, the prospects of UMG silicon have been thoroughly analyzed.
► The report is supplemented by eight regional maps with company locations and a list of 56 equipment suppliers and engineering companies.
The Who’s Who of Solar Silicon Production comprises 174 pages. It is offered for a price of 950 euros at www.bernreuter.com, where you will find the table of contents, three profile samples and an order form.
What customers sayabout the report
“The Who‘s Who of Solar Silicon Production” is the most detailed report covering this subject I have seen so far. It provides not only detailed production capacity ramp-up plans of about 100 companies, but also some interesting insights into technological alternatives for solar silicon production.
Dr. Christian Reufer PV Market Analyst at Evonik Industries AG
It‘s surprising how the enormous data and even the widely accepted rumors could be collected and analyzed reliably. More surprising is Bernreuter‘s expertise in extracting explicit and quantitative essences from them.
Dr. Hee Young KimPrincipal Research Engineer at the KoreaResearch Institute of Chemical Technology
Altogether, I find the way you have presented the companies and how you have examined the diverse technologies short, succinct as wellas precisely summarized and elaborated. I like the study very much and overall it is a job well done.
Dr. Hubert AulichExecutive Director, German Operations atPV Crystalox Solar plc
The report provides an excellent overview with many substantial insights into the polysilicon industry. Therefore, we highly recommend it.
Alexander BergCEO at Schmid Silicon Technology GmbH
![Page 3: The Who’s Who of Solar Silicon Productionbernreuter.com/fileadmin/user_upload/silicon... · The Who’s Who of Solar Silicon Production provides you with a unique source of com-prehensive](https://reader031.vdocument.in/reader031/viewer/2022011901/5f097b657e708231d427096f/html5/thumbnails/3.jpg)
Executive SummaryThe global financial crisis has not only weakened the demand for polysilicon, but also exacerbated the capital-intensive construction of new polysilicon plants. A whole se-ries of projects has been postponed or totally abandoned – in particular in Europe, Russia and India.
In contrast, Chinese aspirants have greatly profited from the stimulus program the country’s central government has introduced, encouraging domestic banks to apply a loose lending policy. From the pool of 51 Chinese companies this report covers, we have classified 35 as serious players. They could produce as much as 80,000 metric tons (MT) in 2012, about one third of the global volume of approximately 250,000 MT in our scenario.
Three of the top ten manufacturers in 2012 will come from China. While they are all pursuing a business model of vertical integration across or at both ends of the photo-voltaic value chain, the world’s top three producers will remain polysilicon specialists embedded in a chemical company: Hemlock Semiconductor Corp. (with Dow Corning Corp. as the majority shareholder) in the USA, Wacker Chemie AG in Germany and OCI Company Ltd. in South Korea.
After manufacturers reacted to the polysilicon shortage in recent years with massive investment in new production capacities, the market tipped to oversupply in 2009, sending the spot price down from its height of $500 / kg to approximately $55/ kg. With upside potential for demand in major PV markets, we expect that further pres-sure on the spot price might be limited in 2010.
In 2011, however, a major correction on the polysilicon market appears inevitable. The first candidates for consolidation are about 20 manufacturers in China, which had a nominal capacity of only 1,500 MT or even less at the end of 2009. However, as long as the Chinese polysilicon industry does not yet fully cover domestic demand, we do not rule out protectionist measures by the government.
The silicon shortage has also spurred new production technologies. We have scree-ned nine alternative approaches, but none of them will challenge the conventional Siemens process in the short term. In particular, fluidized bed reactor technology has not delivered on its promise of lower manufacturing costs.
While upgraded metallurgical-grade (UMG) silicon has demonstrated such lower costs, its lower purity demands specific processing know-how in ingot, wafer and cell production. So far, only one company has been able to manufacture UMG cells that show the same quality as multicrystalline cells made of conventional polysilicon. Therefore, we see only a marginal role for UMG silicon: a market share of less than 1% through 2012.
Johannes Bernreuter Frank Haugwitz
B E R N R E U T E R R E S E A R C H • H u t te n s t r. 10 • 97072 Wü r z b u rg • G e r m a ny • Te l . + 49 / 931 / 784 77 81 • i n fo @ b e r n re u te r. co m • w w w. b e r n re u te r. co m
About the authors
Johannes Bernreuter, 44, head of Bernreuter Research and lead author of the report. Bernreuter is one of the most reputable photovoltaic journalists in Germany because of his diligent research, clear style and unbiased approach. He has earned several awards, among others the prestigious RWTH Prize for Scientific Journalism from the RWTH Aachen University, one of the nine elite universities in Germany. Originally an associate editor at the monthly photovoltaic magazine Photon, Bernreuter authored his first analysis of the up-coming polysilicon bottleneck and alternative production processes as early as 2001. In 2008 he founded Bernreuter Research to publish technology-focused special reports.
Frank Haugwitz, 44, photovoltaics consultant in Beijing and co-author. An industrial mecha-nic by profession, with a degree in Applied Business Languages (Sinology) and Inter- national Business Management, the native German has been working as a long-term expert on photovoltaic and renewable energy projects in China – supported by Germany and the European Union – since the summer of 2002. Due to his extensive and sound know-ledge of Asia’s photovoltaic development, international news media and photovoltaic associations often refer to Haugwitz as an expert resource. Furthermore, he regularly publishes articles in related magazines like New Energy and is frequently invited to speak at conferences. In late 2006 he launched the China Renewable Energy Information web site (www.frankhaugwitz.info) as part of his efforts to provide advisory services on market intelli-gence, government institutions and policies, as well as business development regarding photovoltaics in China.
![Page 4: The Who’s Who of Solar Silicon Productionbernreuter.com/fileadmin/user_upload/silicon... · The Who’s Who of Solar Silicon Production provides you with a unique source of com-prehensive](https://reader031.vdocument.in/reader031/viewer/2022011901/5f097b657e708231d427096f/html5/thumbnails/4.jpg)
The Who’s Who of Solar Silicon Production
4
Table of Contents
Imprint ................................................................................................................ 2 Executive Summary ........................................................................................... 3 Abbreviations, Chemical formulae, Silicon grades, Exchange rates ................. 8
1. Capacities and Market ..................................................................... 9 1.1 The prelude in 2008 .................................................................................... 9 1.2 Trends across the world regions ................................................................ 9 1.3 The losers ................................................................................................. 14 1.4 The baby boomers .................................................................................... 15 1.5 The winners .............................................................................................. 17 1.6 Supply scenario through 2012 .................................................................. 20 1.7 Perspectives on demand .......................................................................... 24
2. Technologies and Cost ................................................................. 29 2.1 A brief look back into history ..................................................................... 29 2.2 The Siemens process ............................................................................... 30 2.3 A simplified Siemens process ................................................................... 31 2.4 Monosilane-based approaches ................................................................ 32 2.5 Fluidized bed reactor technology .............................................................. 33 2.6 Vapor to Liquid Deposition ....................................................................... 36 2.7 Reduction of silicon tetrachloride with zinc ............................................... 36 2.8 Reduction of silicon tetrafluoride .............................................................. 37 2.9 Electrolytic approaches ............................................................................. 38 2.10 Physical purification of silicon metal ....................................................... 39 2.11 Direct carbothermic reduction ................................................................. 44 2.12 Conclusions ............................................................................................. 46
3. Companies – The Who’s Who ....................................................... 48 3.1 The Americas (Canada, USA, Brazil) ....................................................... 49 Map of locations ...................................................................................... 49 6N Silicon Inc. ......................................................................................... 50 21-Century Silicon, Inc. .......................................................................... 51 AE Polysilicon Corp. ............................................................................... 52 Arise Technologies Corp. ....................................................................... 53 Bécancour Silicon, Inc. ........................................................................... 54 Buckeye Silicon, Inc. ............................................................................... 55 Dow Corning Corp. ................................................................................. 56 Global PV Specialists, Inc. ..................................................................... 57 Hemlock Semiconductor Corp. ............................................................... 58 Hoku Materials, Inc. ................................................................................ 59 Iosil Energy Corp. ................................................................................... 60 Mayaterials Inc. ....................................................................................... 61 MEMC Electronic Materials, Inc. ............................................................ 62 Peak Sun Silicon Corp. ........................................................................... 63 REC Silicon Inc. ...................................................................................... 64
![Page 5: The Who’s Who of Solar Silicon Productionbernreuter.com/fileadmin/user_upload/silicon... · The Who’s Who of Solar Silicon Production provides you with a unique source of com-prehensive](https://reader031.vdocument.in/reader031/viewer/2022011901/5f097b657e708231d427096f/html5/thumbnails/5.jpg)
Table of Contents
5
Rima Industrial S/A ................................................................................. 65 RSI Silicon Products LLC ........................................................................ 66 Solsil Inc. ................................................................................................. 67 SRI International ..................................................................................... 68
3.2 Europe ....................................................................................................... 69 Map of locations ...................................................................................... 69 Centesil S.L. ............................................................................................ 70 City Solar Technologie GmbH & Co. KG ................................................ 71 Elkem Solar AS ....................................................................................... 72 Fesil Sunergy AS .................................................................................... 73 Girasolar B.V. .......................................................................................... 74 Grupo Ferroatlántica S.L. ........................................................................ 75 Hycore ANS ............................................................................................ 76 JSSi GmbH ............................................................................................. 77 Ned Silicon SpA ...................................................................................... 78 Prime Solar Pty. Ltd. ............................................................................... 79 PV Crystalox Solar Silicon GmbH ........................................................... 80 Scheuten Solarworld Solicium GmbH ..................................................... 81 Schmid Pilot Production GmbH .............................................................. 82 Silfab SpA ............................................................................................... 83 Silicio Energía S.A. ................................................................................. 84 Silicium de Provence S.A.S. ................................................................... 85 Siliken Chemicals S.L. ............................................................................ 86 Solarvalue AG ......................................................................................... 87 The Silicon Mine B.V. .............................................................................. 88 Wacker Chemie AG ................................................................................ 89 Other projects .......................................................................................... 91 Estelux Srl ........................................................................................................ 91 Italsilicon SpA ................................................................................................... 91 Pevafersa S.A. .................................................................................................. 91 Xgroup SpA ...................................................................................................... 91
3.3 Japan ........................................................................................................ 92 Map of locations ...................................................................................... 92 JFE Steel Corp. ....................................................................................... 93 M.Setek Co., Ltd. .................................................................................... 94 Mitsubishi Materials Corp. ....................................................................... 95 New Japan Solar Silicon, Inc. ................................................................. 96 NS Solar Material Co., Ltd. ...................................................................... 97 Osaka Titanium technologies Co., Ltd. ................................................... 98 Tokuyama Corp. ...................................................................................... 99
3.4 South Korea ............................................................................................ 100 Map of locations .................................................................................... 100 Hankook Silicon Co., Ltd. ...................................................................... 101 KCC Corp. and Korea Advanced Materials (KAM Corp.) ..................... 102 OCI Company Ltd. (formerly DC Chemical Co., Ltd.) ........................... 103 Woongjin Polysilicon Co., Ltd. .............................................................. 105 Other projects ........................................................................................ 106 Hanwha Chemical Corp. ................................................................................. 106 Innovation Silicon Co., Ltd. ............................................................................. 106 LG Chem, Ltd. ................................................................................................ 106 Samsung Fine Chemicals Co., Ltd./Samsung Petrochemical Co., Ltd. .......... 106 Sphere Renewable Energy Asia Pacific, Inc. .................................................. 107
![Page 6: The Who’s Who of Solar Silicon Productionbernreuter.com/fileadmin/user_upload/silicon... · The Who’s Who of Solar Silicon Production provides you with a unique source of com-prehensive](https://reader031.vdocument.in/reader031/viewer/2022011901/5f097b657e708231d427096f/html5/thumbnails/6.jpg)
The Who’s Who of Solar Silicon Production
6
3.5 China ....................................................................................................... 109 Map of locations ............................................................................. 108/109 Asia Silicon (Qinghai) Co., Ltd. ............................................................. 110 Chongqing Daqo New Energy Co., Ltd. ............................................... 111 Dalu Polysilicon Co., Ltd. ...................................................................... 112 Emei Semiconductor Co., Ltd. .............................................................. 113 Erdos Polysilicon Industry Co., Ltd. ...................................................... 114 Fine Silicon Co., Ltd. ............................................................................. 115 Guodian Ningxia Solar Energy Co., Ltd. ............................................... 116 Jaco Solarsi Ltd. ................................................................................... 117 Jiangsu Shunda Electronic Material & Technology Co., Ltd. ............... 118 Jiangsu Zhongneng Polysilicon Technology Development Co., Ltd. ... 119 Jiangxi Jingde Photovoltaic New Material Co., Ltd. (PVMTech) .......... 121 Jiangxi Tongneng Silicon Material Co., Ltd. ......................................... 122 Kailun Photovoltaic Materials Co., Ltd. ................................................. 123 Kunming Yeyan New Materials Co., Ltd. .............................................. 124 LDK Solar Co., Ltd. ............................................................................... 125 Leshan Ledian Tianwei Silicon Science and Technology Co., Ltd. ...... 126 Linghai Jinhua Smeltery Co., Ltd. ........................................................ 127 Linzhou Zhongsheng Semiconductor Silicon Material Co., Ltd. ........... 128 Luoyang Sino-Silicon High-Tech Co., Ltd. ........................................... 129 Niking Technology Co., Ltd. ................................................................. 130 Ningxia Sunshine Silicon Industry Co., Ltd. ......................................... 131 Qingdao DTK Industries Co., Ltd. ......................................................... 132 Shaanxi Tianhong Silicon Material Co., Ltd. ........................................ 133 Shanxi Lu'an Mining Industry Group Co., Ltd. ...................................... 134 Shenzhou Silicon Industry Co., Ltd. (Orisi) .......................................... 135 Sichuan Hualin Silicon Energy Co., Ltd. (formerly Chaolei Industry Co.) 136 Sichuan Renesola Silicon Material Co., Ltd. ........................................ 137 Sichuan Xinguang Silicon Technology Co., Ltd. .................................... 138 Sichuan Yongxiang Polysilicon Co., Ltd. .............................................. 139 Sinosteel Scie-Tech Development Co., Ltd. ......................................... 140 TBEA Xinjiang Silicon Industry Co., Ltd. .............................................. 141 Tianwei Sichuan Silicon Industry Co., Ltd. ........................................... 142 Wuxi/Lianyungang Zhongcai Technology Co., Ltd. .............................. 143 Yichang CSG Polysilicon Co., Ltd. ....................................................... 144 Zhejiang Pro Power Silicon Co., Ltd. .................................................... 145 Zhejiang Zhongning Silicon Industry Co., Ltd. ...................................... 146 Other projects ....................................................................................... 147 Baotou Iron and Steel (Group) Co., Ltd./China Metallurgical Group Corp. ..... 147 Beijing Instrument Industry Group Co., Ltd. .................................................... 147 Fushun Koshuha Foundry Co., Ltd. ................................................................ 147 Diantou Rixin Yingtian Technology Co., Ltd. .................................................. 147 Guodian Inner Mongolia Jingyang Energy Co., Ltd. ....................................... 147 Inner Mongolia Dunan Photovoltaic Technology Co., Ltd. .............................. 147 Inner Mongolia Fengwei Silicon Industry Co., Ltd. ......................................... 148 Inner Mongolia Zhongsheng Technology New Materials Co., Ltd. ................. 148 Jiangxi Jingda Semiconductor Material Co., Ltd. ............................................ 148 Liaoning Shuangyi Silicon Industry Co., Ltd. .................................................. 148 Luoyang Century and the New Source of Silicon Industry Co., Ltd. ............... 148 Sino-Singapore Tianjin Eco-City Investment and Development Co., Ltd. ....... 149 Xiangxi Sanfangxiang New Energy Co., Ltd. .................................................. 149 Yaan Yongwang Silicon Industry Co., Ltd. ..................................................... 149 Zhaoge Riguang New Energy Resources Co., Ltd. ........................................ 149
![Page 7: The Who’s Who of Solar Silicon Productionbernreuter.com/fileadmin/user_upload/silicon... · The Who’s Who of Solar Silicon Production provides you with a unique source of com-prehensive](https://reader031.vdocument.in/reader031/viewer/2022011901/5f097b657e708231d427096f/html5/thumbnails/7.jpg)
Table of Contents
7
3.6 Taiwan ..................................................................................................... 150 Map of locations .................................................................................... 150 Muto Silicon Corp. ................................................................................. 151 Sun Materials Technology Co., Ltd. ...................................................... 152 Taiwan Polysilicon Corp. ....................................................................... 153 Top Green Energy Technologies, Inc. .................................................. 154 Other projects ........................................................................................ 155 Big Sun Energy Technology Co., Ltd. ............................................................. 155 Formosa Plastics Group ................................................................................. 155 Unimicron Technology Corp./BOCLH Industrial Gases Co., Ltd. .................... 155 Universal Semiconductor Corp. ...................................................................... 155
3.7 Russia/Commonwealth of Independent States ....................................... 156 Map of locations .................................................................................... 156 Nitol Solar Ltd. ....................................................................................... 157 Semiconductor Plant OJSC .................................................................. 158 Semiconductor Silicon Plant JSC ......................................................... 159 Solar Wind Ltd. ...................................................................................... 160 Tash-Kumyr Silicon Productions JSC ................................................... 161 Other projects ........................................................................................ 162 Kaz Silicon LLP/Zhersu Group ....................................................................... 162 Khimprom JSC (Novocheboksarsk)/Renova Orgsyntes CJSC ....................... 162 Khimprom Volgograd JSC .............................................................................. 162 Kun Renewables LLP/Lancaster Group .......................................................... 162 Kyshtym Mining & Processing Combine JSC ................................................. 163 Podolsk Chemical & Metallurgical Plant JSC .................................................. 163 Russian Silicium LLC/Basic Element Co. ....................................................... 163 Ryazan Metal Ceramics Instrumentation Plant JSC ....................................... 163 Sibirskiy Kremniy Ltd./FIU Sibconcord/Xgroup SpA ....................................... 163 NPO Silarus JSC/Titan Group CJSC .............................................................. 164 Solar Energy LLC/Industrial Investors Group ................................................. 164 Zi Poli Tomsk Ltd. ........................................................................................... 164
3.8 India and Arabian Peninsula ................................................................... 165 Map of locations .................................................................................... 165 Indo-Norwegian Solar Pvt. Ltd. ............................................................. 166 Other Indian projects ............................................................................. 167 Bharat Electronics Ltd./Bharat Heavy Electricals Ltd. ..................................... 167 Bhaskar Silicon Ltd. ........................................................................................ 167 Euro Multivision Ltd. ....................................................................................... 167 Iacharya Silicon Ltd. ....................................................................................... 168 Lanco Solar Pvt. Ltd. ...................................................................................... 168 Maharishi Solar Technology Pvt. Ltd. ............................................................. 168 Metkem Silicon ............................................................................................... 168 Reliance Industries Ltd. .................................................................................. 169 Titan Energy Systems Ltd. .............................................................................. 169 Vavasi Silicon Solutions Pvt. Ltd. ................................................................... 169 Velankani Renewable Energy Pvt. Ltd. .......................................................... 170
Arabian projects .................................................................................... 171 Abu Dhabi Future Energy Co. ......................................................................... 171 Cosmos Industrial Investment Corp./First Energy Bank ................................. 171 Polysilicon Technology Co. ............................................................................. 171 Qatar Solar Technologies ............................................................................... 171
Appendix: Equipment suppliers and engineering companies ........................ 172 About the authors ........................................................................................... 174
![Page 8: The Who’s Who of Solar Silicon Productionbernreuter.com/fileadmin/user_upload/silicon... · The Who’s Who of Solar Silicon Production provides you with a unique source of com-prehensive](https://reader031.vdocument.in/reader031/viewer/2022011901/5f097b657e708231d427096f/html5/thumbnails/8.jpg)
The Who’s Who of Solar Silicon Production
54
Bécancour Silicon, Inc. Founded in 1976
www.timminco.com Shareholder: Timminco Limited (100%)
Factory location: Bécancour, Quebec, Canada
Start of construction: August 2007
Start of production: December 2007
Production technology: physical purification of metallurgical-grade silicon
Vol. 2006
Cap. 2006E
Vol. 2007
Cap. 2007E
Vol. 2008
Cap. 2008E
Cap. 2009E
Cap. 2010E
Cap. 2011E
Cap. 2012E
0 300 90 1,200 1,045 6,000 (8,400) (8,400) (8,400) (8,400)
Bécancour Silicon, Inc. manufactures metallurgical-grade silicon with an an-nual capacity of 50,000 MT as well as upgraded metallurgical-grade (UMG) silicon. The company was established as SKW Electro-Metallurgy Canada Ltd. (later renamed as SKW Canada, Inc.) in 1976 by SKW Trostberg AG (now Evonik Degussa GmbH), then a subsidiary of Viag AG (now Eon AG). In 1999 Viag sold SKW Canada to the US-based private equity firm Safeguard Interna-tional Fund, L.P., who renamed the company as Bécancour Silicon, Inc. (BSI).
In September 2004 Safeguard sold BSI to Timminco Limited, a producer of specialty metals that is listed on the Toronto Stock Exchange. Safeguard con-trolled the majority of Timminco’s shares via an affiliate at that time. In No-vember 2006 Safeguard created the AMG Advanced Metallurgical Group N.V., who now has an equity interest of 38.7% in Timminco. The mastermind behind all these transactions is Heinz Schimmelbusch, CEO both of Timminco (since 2003) and AMG, as well as a founder of Safeguard. The native Austrian was fired as the CEO of the German conglomerate Metallgesellschaft AG (MG) in 1993 after hazardous bets on oil futures had almost bankrupted MG.
BSI began to develop a process for upgrading silicon metal in 2004. Accord-ing to patent applications, the company uses a rotary drum furnace with an oxy-fuel burner that applies a 2:1 ratio of oxygen to natural gas to melt the silicon at up to 1,500 °C. The burner creates a slightly oxidizing atmosphere that removes boron from the melt. A slag made of pulverized quartz and soda ash is added to draw out metal impurities. The liquid silicon is poured in a mold and direction-ally solidified from the open top while an electromagnetic force from a coil below the mold stirs the liquid silicon to prevent impurities from inclusion at the solidification front. When over 50% of the ingot has solidified, it is tapped and the remaining, impurity-enriched liquid poured off. Feeding the furnace with the solid silicon again, BSI makes three passes of the entire process.
In April 2007 Timminco announced it would build three UMG production lines with a capacity of 1,200 MT each, following a 300 MT pilot plant that started in late 2006. In February 2008 the company decided to add nine lines for a total capacity of 14,400 MT by mid-2009. It announced customer contracts with Q-Cells SE, Canadian Solar Inc., Calisolar Inc., Solar Power Industries, Inc. and four anonymous firms. However, the expansion was halted in early 2009 at a capacity of 8,400 MT; sales plunged to 2 MT in the fourth quarter. Conse-quently, the company suspended the production of UMG silicon. Timminco says in 2008 the average level of boron was 0.8 ppm and of phosphorus 3 ppm (lowest: 0.5 and 1.5 ppm, respectively); in December 2008 the production cost was C$26 (US$21) per kg. In March 2008 the company still projected C$12/kg for 2008, thus provoking a C$520 million class-action by investors in May 2009.
![Page 9: The Who’s Who of Solar Silicon Productionbernreuter.com/fileadmin/user_upload/silicon... · The Who’s Who of Solar Silicon Production provides you with a unique source of com-prehensive](https://reader031.vdocument.in/reader031/viewer/2022011901/5f097b657e708231d427096f/html5/thumbnails/9.jpg)
Companies in China
111
Chongqing Daqo New Energy Co., Ltd. www.dqsolar.com
Founded in January 2008
Shareholder: Daqo New Energy Corp. (100%)
Factory location: Wanzhou, Chongqing municipality
Start of factory construction: September 2006
Start of production: July 2008
Production technology: modified Siemens process
Reactor supplier: N/A
Engineering companies: Poly Engineering Srl, Evonik Industries AG, Chemical Design, Inc., CDI Corporation
Vol. 2006
Cap. 2006E
Vol. 2007
Cap. 2007E
Vol. 2008
Cap. 2008E
Cap. 2009E
Cap. 2010E
Cap. 2011E
Cap. 2012E
0 0 0 0 291 1,500 3,300 3,300 6,300 9,300
Since rich silicon ore resources are available in Yungang Country estimated at a magnitude of 50 million metric tons, Daqo Group Co., Ltd. (http://en.daqo.com) decided in 2006 to set up a polysilicon plant in the Wanzhou Salt Chemical Industry Park near Chongqing. The group was established in 1965 and is based in Zhenjiang, Jiangsu province. The sale of power distribution equipment and electrical supplies generates annual revenues of approx. $90 million.
In September 2006 Daqo celebrated the groundbreaking ceremony for the polysilicon plant which should have an initial capacity of 3,300 MT (phase 1). The company has conducted technical cooperation with Poly Engineering Srl, Evonik Industries AG, Chemical Design, Inc. and CDI Corp. Originally, it in-tended to reach a capacity of 15,300 MT by the end of 2012; now it is targeting 9,300 MT by March 2012. For the first two phases (6,300 MT), Daqo has ear-marked approx. $580 million. The plant is equipped with an automatic, closed-loop facility to ensure environmentally friendly production.
In July 2008 the first 1,500 MT production unit started pilot production. In August 2008 polysilicon samples were sent to potential customers like Suntech Power, Solarfun, Yingli, and Renesola to obtain feedback concerning the qual-ity. Purity is at 9N. The second unit with a capacity of 1,800 MT was commis-sioned in late June 2009. The electricity input required to produce 1 kg was 150 kWh in 2008, but the target is to reduce it to 110 kWh/kg by 2011. Located close to hydropower from the Three Gorges Dam, Daqo pays only 5.8 $Ct/kWh.
As early as October 2007, Daqo New Material Co., Ltd. – the predecessor of Chongqing Daqo New Energy Co., Ltd. – signed a supply contract with Rene-sola. The quantity to be delivered amounts to 1,950 to 2,000 MT between 2008 and 2012. In March 2008 Daqo concluded another contract with Suntech Power Co., Ltd., for a volume of 6,850 to 7,350 MT from 2008 through 2013.
In May 2008 Chongqing Daqo (formerly known as Chongqing Sailing New Energy Co., Ltd.) signed an agreement with Yingli Green Energy Holding Co., Ltd. to deliver 1,050 to 1,350 MT from the fourth quarter of 2008 until the end of 2010. Currently, Daqo is negotiating with a leading US solar power company about a polysilicon supply contract.
In late January 2010 Chongqing Daqo’s parent company, Daqo New Energy Corp., postponed an IPO on the New York Stock Exchange. After the offering, Daqo Group’s shareholders would have owned 59.27% of Daqo New Energy.
![Page 10: The Who’s Who of Solar Silicon Productionbernreuter.com/fileadmin/user_upload/silicon... · The Who’s Who of Solar Silicon Production provides you with a unique source of com-prehensive](https://reader031.vdocument.in/reader031/viewer/2022011901/5f097b657e708231d427096f/html5/thumbnails/10.jpg)
The Who’s Who of Solar Silicon Production
96
New Japan Solar Silicon, Inc. Founded in June 2008
www.chisso.co.jp/english Shareholders: Chisso Corp. (50 %) www.shinnikko-hd.co.jp/english Nippon Mining Holdings, Inc. (30 %) www.toho-titanium.co.jp/en Toho Titanium Co., Ltd. (20 %)
Factory location: Kamisu, Ibaraki prefecture, Japan
Start of construction: March 2009
Start of production: Q4 2010
Production technology: reduction of silicon tetrachloride with zinc vapor
Reactor supplier: N/A
Engineering company: N/A
Vol. 2006
Cap. 2006E
Vol. 2007
Cap. 2007E
Vol. 2008
Cap. 2008E
Cap. 2009E
Cap. 2010E
Cap. 2011E
Cap. 2012E
0 0 0 0 0 0 0 660 1,500 3,000
Chisso Corporation, whose predecessor was founded in 1906, is one of the leading chemical groups in Japan. It manufactures a wide range of products from fertilizers to organic chemicals and silicones to liquid crystals. In 2002 the company started a research project at its Minamata Research Center to obtain solar-grade silicon by reducing silicon tetrachloride (SiCl4) with zinc vapor.
The by-product zinc chloride (ZnCl2) is separated by electrolysis into zinc and chlorine. The latter is mixed with hydrogen to create hydrogen chloride (HCl), which reacts with metallurgical-grade silicon – the same method that is applied in the Siemens process to receive trichlorosilane. If the temperature at the reac-tion is higher, however, one can obtain more SiCl4. New patents filed by Chisso in 2007 describe a potential variation: ZnCl2 is not separated into zinc and chlo-rine by expensive electrolysis, but reduced by hydrogen to obtain zinc and HCl.
When the SiCl4 is reduced by zinc vapor at approx. 950 °C, silicon grows in a tube-like shape downward from the SiCl4 supply nozzles at the top of the reac-tor. The small silicon tubes fall down to the bottom and are continuously re-moved from the reactor. SiCl4 promises a higher silicon yield than trichlorosi-lane, and unreacted SiCl4 can be easily reused. The silicon purity is 8N to 9N.
The Japanese New Energy and Industrial Technology Development Organisa-tion (NEDO) supported the project until early 2006. In December 2006 Chisso agreed with Nippon Mining Holdings, Inc. and its subsidiary Toho Titanium Co., Ltd. to establish a joint venture, Japan Solar Silicon Co., Ltd. (JSS). The aim was to construct pilot plants for the production of polysilicon at Chisso’s Minamata factory and for the electrolysis of ZnCl2 at Toho Titanium’s Chi-gasaki plant. A unit for analytical techniques was set up at the administration center of Nippon Mining’s subsidiary Japan Energy in Toda.
In May 2008 the three partners announced another joint venture, New Japan Solar Silicon, Inc. (NJSS), to invest approx. $240 million in a 3,000 MT factory within the Kashima Okunoyahama industrial complex in Kamisu, Ibaraki pre-fecture. Ground was broken in March 2009. The plant is supposed to start pro-duction in late 2010. Originally, an initial capacity of 400 MT was foreseen. In May 2009, however, the partners announced the starting capacity would be raised to 660 MT, due to strong demand from potential customers. NJSS wants to reach the nominal capacity of 3,000 MT in 2012, and 4,500 MT in 2013. In the longer term, the company will strive for an annual capacity of 10,000 MT.
![Page 11: The Who’s Who of Solar Silicon Productionbernreuter.com/fileadmin/user_upload/silicon... · The Who’s Who of Solar Silicon Production provides you with a unique source of com-prehensive](https://reader031.vdocument.in/reader031/viewer/2022011901/5f097b657e708231d427096f/html5/thumbnails/11.jpg)
What customers say about the report
The Who's Who of Solar Silicon Production is the most detailed report coveringthis subject I have seen so far. It provides not only detailed production capacityramp-up plans of about 100 companies, but also some interesting insights intotechnological alternatives for solar silicon production.
Dr. Christian ReuferPV Market Analyst at Evonik Industries AG
This is an excellent resource for companies and consultants alike. It providescritical insight and details on both established players and newcomers to theindustry as well as profiles and reviews on technology not found elsewhere.
Keith LandryVice President, Renewable Energy at CH2M HILL
Altogether, I find the way you have presented the companies and how you haveexamined the diverse technologies short, succinct as well as preciselysummarized and elaborated. What I also like is the presentation of thecompanies' future development. What would be especially important to us is amore comprehensive consideration of current production and its prospective development, along with acorresponding assessment of volumes. I like the study very much and overall it is a job well done.
Dr. Hubert AulichExecutive Director, German Operations at PV Crystalox Solar plc
It's surprising how the enormous data and even the widely acceptedrumors could be collected and analyzed reliably. More surprising isBernreuter's expertise in extracting explicit and quantitative essencesfrom them.
Dr. Hee Young KimPrincipal Research Engineer at the Korea Research Institute of Chemical Technology
The report provides an excellent overview with many substantial insights into thepolysilicon industry. Therefore, we highly recommend it. There are a few conclusions inbenchmarking the different technologies that we view critically because some of thedata for energy consumption and the resulting production costs are not comparable. Apreferable model would be the Real Cost-of-Ownership calculation. We would be gladto provide our data for the next report as well.
Alexander BergFormer CEO of Schmid Silicon Technology GmbH
The Who's Who of Solar Silicon Production is one of the most comprehensive andinformative reviews of the current state of the polysilicon market. It provides a detailedsnapshot of the sector players and technology advances. A very handy reference source.
Svetlana SymonenkoAnalyst at Nitol Solar Ltd.
The Who's Who of Solar Silicon Production is the most accurate andcomprehensive polysilicon report we've found available in the market. It is amust read if you are looking to establish a fundamental understanding of thecurrent state of the polysilicon industry.
Chad FeroDirector of Business Development at GT Advanced Technologies Inc.
Solar Silicon Report | Polysilicon Market Reports - Bernreuter Research http://www.bernreuter.com/en/shop/solar-silicon-report.html
![Page 12: The Who’s Who of Solar Silicon Productionbernreuter.com/fileadmin/user_upload/silicon... · The Who’s Who of Solar Silicon Production provides you with a unique source of com-prehensive](https://reader031.vdocument.in/reader031/viewer/2022011901/5f097b657e708231d427096f/html5/thumbnails/12.jpg)
BERNREUTER RESEARCH · Huttenstr. 10 · 97072 Würzburg · Germany · Fax +49/931/784 77 82 · [email protected] · www.bernreuter.com
Please use CAPITAL letters to fill in this form. – You may also use the online form at www.bernreuter.com to order the report.
The fields marked with an asterisk (*) are required so that we can process your order. Bernreuter Research does not do business with private consumers, but rather only with companies (business to business). Your data will be handled confidentially. Please read our Privacy Policy Statement as well as our General Terms and Conditions at www.bernreuter.com before you make an order. The Who's Who of Solar Silicon Production – Unit price: 950 euros w/o VAT
Number of Copies *
Invoice Address
Company Name *
VAT Reg. No. (for companies in EU countries except Germany: please enter the number, in order to receive an invoice without VAT)
Salutation * First Name * Last Name *
Street Name and No. *
City * State/Province Zip Code * Country *
E-mail * Telephone * Fax
Delivery Address □ Use the invoice address as delivery address □ Delivery address is different from invoice address:
Company Name *
Salutation * First Name * Last Name *
Street Name and No. *
City * State/Province Zip Code * Country *
Method of Payment □ Bank transfer (prepayment) □ VISA □ MasterCard
Card Holder *
/ Credit Card Number * Expiration Date * Card Verification Number * (month/year) (last three digits of the number
on the back of your credit card)
Remarks
Yes, I have read the General Terms and Conditions and the explanations on the Privacy Policy and accept them. I agree that my personal data given here may be stored.
Date Signature
ORDER FORM