Preferring the lifting of the cold hydrogenation reactor for the polysilicon project

The cold hydrogenation reactor to be lifted this time has a diameter of 4 meters, a height of 27.4 meters, and a weight of 287 tons. The lifting was carried out using the \"double-crane lifting method\", with a 1600-ton crawler crane serving as the main lifting device and a 450-ton crawler crane assisting in the lifting process. The successful experience of lifting the cold hydrogenation reactor this time has laid a solid foundation for lifting the next five units of the same equipment. It is reported that the project is located in the Economic and Technological Development Zone of Huinong District, Shizuishan City, Ningxia. Once completed, it will help to enhance the advantages of the clean energy industry and promote its transformation and upgrading; it will also help to address the weaknesses in Ningxia’s photovoltaic industry chain. This will support Shizuishan City in becoming a manufacturing hub for the entire photovoltaic industry chain, thereby contributing to the development of an ecological protection and high-quality development zone in the Yellow River Basin.

Within two years, polysilicon will reach a stage of fierce competition, and then another battle will ensue!

The Ningxia Crystal New Energy Materials Project is an integrated circular economy industrial chain project developed by Dongfang Hope Group in Ningxia, covering photovoltaic new materials, new energy, and agro-photovoltaic integration across various upstream and downstream sectors. The first phase of the project is planned to produce 125,000 tons of polysilicon, 145,000 tons of industrial silicon per year, as well as 10 GW of monocrystalline cells, 10 GW of wafers, 10 GW of solar cells, and 25 GW of solar panels. Following the principle of planning in one go and construction in phases, it will ultimately become a fully integrated industrial chain project with an annual production capacity of 400,000 tons of high-purity crystalline silicon and 490,000 tons of industrial silicon, as well as products related to single crystals, silicon wafers, solar cells, and battery modules. Upon completion of the first phase, the annual output value is expected to reach 90 billion yuan, creating employment for around 10,000 people.

I have been to places where wafer production takes place – Shizuishan in Ningxia, Changji in Xinjiang, Xining in Qinghai, Leshan in Sichuan, Baotou in Inner Mongolia, and Yunnan. These are all areas where polysilicon factories are concentrated. The interest in investing in polysilicon has not diminished over the past few years, with plans for investments amounting to around 250 billion yuan. I believe that overcapacity is inevitable, and then it will come down to who can offer the lowest costs!

Intense competition in the industry will drive prices down to rock-bottom levels

Many people are concerned about production costs. In addition to comprehensive costs such as raw material costs, labor, and sales expenses, these costs also include the stability of equipment operation over long periods, improvements in management techniques, and the technical skills of employees. I have been to the Dongfang Hope facility; I hope it will improve. Instead of focusing every day on things like managing employees’ weight and physique or enforcing a no-smoking policy in the dormitories, it’s time to give proper consideration to issues such as the lack of targeted training. I hope it will become better in the future