Solar-grade polysilicon plant announced

01 Mar 2010 • by Natalie Aster

Qatar Solar Technologies, a new joint venture, has been created to make solar-grade polysilicon for use in fabricating solar panels. Co-owners are the Qatar Foundation for Education, Science and Community Development and SolarWorld of Germany. They will build a $500 million plant in Qatar to make 3,500 tons/year of the polymer.

Most polysilicon is used to make semiconductors but expansion of renewable energy projects in the U.S., Europe and Asia have boosted demand for the solar-grade material.

The global energy consumption analysts say higher energy and public awareness for the global warming problem have opened up the market for a electricity generation using solar cells made from polycrystalline silicon.

Economists foresee that new solar-grade polysilicon production capacity eventually will cut the price, now averaging $100/kilogram in world markets, to $25.

Source: Purchasing

More reports available on the product:

Global PV Balance Market Forecast

PV Manufacturing Industry Market Research (China)

Global and China Solar Polysilicon Industry Chain Report