【New Energy Applications】Chairman of GCL Group: Polysilicon costs should be reduced to $8 per kilogram by the end of the 13th Five-Year Plan period

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According to China Securities Network (reporter Chen Qijue), at the \"2016 International Energy Transition Forum\" which opened in Suzhou today, Zhu Gongshan, founder and chairman of GCL Group as well as chairman of the board of directors of GCL-Poly, said that the cost of polysilicon would be reduced to $8 per kilogram by the end of the 13th Five-Year Plan period. It is hoped that by 2020, solar energy will no longer require subsidies in China. “Over the past few years, the cost of polysilicon has continued to decline from over $100 per kilogram, and it is expected to drop to $8 per kilogram by the end of the 13th Five-Year Plan period. This year, the feed-in tariff for photovoltaic power plants in China reached 0.61 yuan per kilowatt-hour in Shanxi Province, while it dropped to 0.48 yuan per kilowatt-hour in Inner Mongolia. Together with the industry, we managed to reduce the average tariff by 45%. All these achievements have been made possible through technological innovation. ”Zhu Gongsan said. He also said that GCL will make active efforts to enhance system integration and comprehensive energy management, and work toward the coordinated development of various energy sources in areas such as distributed energy, external grids, energy big data, and energy storage. Taking advantage of this conference, GCL plans to establish another global technology demonstration and research center in Suzhou for next year’s World Energy Transition Forum. Together with **, it aims to create a hub for the global new energy industry, and to serve as a model for projects related to new and clean energy, the energy internet, green transportation, smart cities, and urban micro-circulation systems. “In addition, we must also strengthen technological innovation to improve the overall efficiency of new energy, clean energy, and photovoltaic technologies. We hope that by 2020, our solar energy will no longer require subsidies from China. I believe it’s definitely possible to do it. ”Zhu Gongsan said that the development of renewable energy relies on policy support, but an industry that depends on policies, especially subsidy measures, for a long time cannot grow, become strong, or go far. We look forward to, under the guidance of policies in various countries, driving down the costs of renewable energy by strengthening technological innovation and leveraging market forces, so as to rid ourselves as soon as possible of dependence on subsidies and fossil fuels. According to him, GCL is a comprehensive group focused on industries related to new energy and clean energy; it is a global leader in the production of photovoltaic materials as well as in the development and operation of new energy projects. Currently, GCL’s production capacity for polysilicon and silicon wafers stands at 100,000 tons and 15 GW respectively; its total installed capacity of solar power plants ranks second in the world. The capacity of wind power plants connected to the grid amounts to 3.5 GW, while that of natural gas power plants connected to the grid is 5 GW.