Daqo New Energy signs two-year polysilicon supply agreement with Jinko Solar

Chinese manufacturer of high-purity polysilicon for the global solar PV industry Daqo New Energy Corp. has signed a two-year polysilicon supply agreement with Chinese solar module manufacturer Jinko Solar Holding Co., Ltd. Under the terms of the supply agreement, Daqo will supply Jinko Solar with 12,000 to 14,400 MT and 15,600 to 21,600 MT of polysilicon during calendar year 2020 and 2021, respectively. Prices will be determined on a monthly basis according to market pricing.
As reported, Daqo will expands its Xinjiang polysilicon production facility to 70,000 MT capacity by the end of this year.
© PHOTON

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