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
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