Daqo New Energy’s New Phase 5A Facility in Inner Mongolia Reaches Full Production Capacity – EQ Mag
SHANGHAI : Daqo New Energy Corp. (NYSE: DQ) (“Daqo New Energy”, the “Company” or “we”), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced that its new Phase 5A polysilicon 100,000 MT production facility in Baotou city, Inner Mongolia, has reached full production capacity. With the addition of Phase 5A, the Company’s total annual nameplate production capacity has expanded to 205,000 MT.
Mr. Longgen Zhang, CEO of Daqo New Energy, commented, “We’re very excited to announce that our new Phase 5A production facility reached full production capacity in June, as originally planned. I would like to thank our entire team for their hard work and dedication which enabled us to complete such a sizable facility with highly advanced technologies and a fully-automated, digitized operational system on schedule. Our teams will continue to optimize operational efficiency, improve cost structure and enhance product quality, making it one of the most competitive polysilicon facilities which is fully N-type compatible to support the future development of the next generation of solar PV technology and products. “
About Daqo New Energy Corp.
Daqo New Energy Corp. (NYSE: DQ) (“Daqo” or the “Company”) is a leading manufacturer of high-purity polysilicon for the global solar PV industry. Founded in 2007, the Company manufactures and sells high-purity polysilicon to photovoltaic product manufactures, who further process the polysilicon into ingots, wafers, cells and modules for solar power solutions. The Company has a total polysilicon nameplate capacity of 205,000 metric tons and is one of the world’s lowest cost producers of high-purity polysilicon.
