Polysilicon prices may drop sharply over the next three to five years

Solar power is a clean green energy source. China is also the world's largest producer of solar cells. However, the high prices of solar photovoltaic cells have made it difficult for them to enter the homes of ordinary Chinese people. The main reason is that the price of polysilicon, a raw material for photovoltaic cells, remains high. On the 11th, the reporter learned from Jiangsu Zhongneng Silicon Industry, the largest polysilicon manufacturer in China, that the plant had reduced the cost of producing polysilicon to US$23.8 in September this year, compared with the international market price of around US$90. A lot of room for price cuts. The company’s deputy general Lv Jinbiao stated that China will substantially reduce polysilicon prices in three to five years. When the time comes, solar photovoltaic cells will be popularized in Chinese families.

China Energy's silicon industry, which accounts for half of China's polysilicon production, is located in Xuzhou, Jiangsu, and is currently the world's largest polysilicon production base with the largest single investment. According to Lu Jinbiao, the company's current monthly production capacity reaches 1,800 tons, and 2010 production is expected to exceed 21,000 tons, which will account for nearly 20% of the global polysilicon market share. Has been able to solve the demand for nearly 70% of all photovoltaic companies listed in the United States. The company's output will increase at a rate of 120% in the coming years.

Prior to this, Chinese companies engaged in the photovoltaic industry have been in the "two out" situation, that is, raw materials and sales are in overseas markets. In June 2009, five polysilicon production lines with a capacity of 18,000 tons of Jiangsu Zhongneng Silicon were put into operation, making China the largest producer of polysilicon in Asia. It also caused China to break the long-term technical monopoly of the United States, Japan, and Germany in the area of ​​producing raw materials for solar cells.

Lu Jinbiao said: "With the growing global energy shortages, solar photovoltaic power generation has a very broad prospect. At present, the domestic photovoltaic battery power generation cost is 1.5 yuan. In the next three to five years, they will significantly reduce the polysilicon market supply prices. It is hoped that together with the photovoltaic cell manufacturers, the cost of photovoltaic cell power generation will be reduced to lower than the traditional electricity price."

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