Daqo New Energy to supply 112,800 MT polysilicon to Longi Green Energy

Chinese Daqo New Energy Corp., manufacturer of high-purity polysilicon for the solar PV industry, signed a three-year 112,800 MT ultra-high-purity polysilicon supply agreement with mono-crystalline solar products manufacturer Longi Green Energy Technology Co., Ltd. Under the agreement, Daqo New Energy will supply Longi with 36,000 MT, 38,400 MT and 38,400 MT in 2020, 2021, and 2022, respectively. Longi will make an advance payment to Daqo New Energy.
Longi targets 36 GW of mono-crystalline wafer capacity, 10 GW of mono-crystalline cell capacity, and 16 GW of mono-crystalline module capacity by the end of 2019.

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