Granular silicon technology leads the photovoltaic industry to realize China carbon neutrality

Time:2021-04-20 20:40 click:

Granular silicon technology leads the photovoltaic industry to realize China carbon neutrality
GCL-POLY granular silicon project landed in two places to realize the "three pillars" in Jiangsu, Sichuan and Inner Mongolia

Focus on granular silicon, aim at carbon neutralization, and create a green and high-quality intelligent enterprise with silicon materials through scientific and technological innovation. On the evening of February 28th, GCL-POLY announced the expansion of two granular silicon projects, which marked that the Company focused on the main business of granular silicon and the mature reproducibility of granular silicon technology, and formed a "three pillars" pattern in the east, west and north across China.
The production expansion plan of GCL-POLY granular silicon was announced, and the plan has made significant substantial progress in Sichuan and Inner Mongolia respectively. This is the first implementation of GCL-POLY silane fluidized bed granular silicon technology outside Xuzhou, which is of great milestone significance to the production expansion plan of granular silicon.
According to the announcement, Leshan Su Min, as the main body of Sichuan Leshan Granular Silicon Project (Phase I: 60,000 tons), has successfully introduced strategic investors and received full support from Leshan Municipal Government. Leshan Zhongping Polysilicon Optoelectronic Information Industry Fund Partnership (Leshan Fund) has been set up with a scale of CNY 4.502 billion, with the first paid-in amount of CNY 3.452 billion. In addition to the above-mentioned fund investment, Jiangsu Zhongneng, a wholly-owned subsidiary of GCL-POLY, has once again increased its investment in this granular silicon project, and its direct investment has expanded to CNY 1 billion, providing a more solid guarantee for the rapid implementation of the project.
It is understood that the above-mentioned investment in granular silicon project will not increase the Company's asset-liability ratio and reduce its cash commitment, which also shows GCL-POLY's confidence in the exclusive ownship of granular silicon core technology and its determination to focus on the main business of granular silicon. According to the disclosed transaction structure, after the transaction is completed, Jiangsu Zhongneng will directly and indirectly hold 58.05% equity of Leshan Su Min through Leshan Fund, which can realize the consolidated financial performance statement and contribute profits to listed companies. In addition, the company also indirectly controls 7.79% equity of Leshan Su Min through employee stock ownership platform Leshan Guangyang.
Another announcement issued by GCL-POLY said that GCL-POLY and Shangji Automation formally signed a letter of intent for strategic cooperation on the evening of 28th. According to the letter of intent agreement, GCL-POLY and Shangji Automation have reached a long-term cooperation intention on the investment, R&D and production of 300,000 tons of granular silicon in Inner Mongolia, with a total investment of CNY 18 billion. The whole project is divided into three phases. The Phase I has a design capacity of 60,000 tons and an estimated total investment of CNY 3.6 billion. This strategic cooperation not only shows the strong recognition of GCL-POLY granular silicon technology by downstream manufacturers, but also helps granular silicon quickly and widely seize market share, which is of great significance to the large-scale market promotion and application of granular silicon.
It is also known that according to the latest price monitoring data, the price of photovoltaic silicon materials has been rising continuously after the Spring Festival, which is mainly due to the unexpected release of new downstream production capacity and the shortage of silicon materials. Market analysis predicts that the trend of tight balance of silicon materials will continue at least until the end of 2022, and there is still room for upward price of silicon materials. However, GCL-POLY chose to expand its production of granular silicon in this window period, which not only helps the company to increase its market share rapidly, but also consolidates its leading position in the industry of high-quality polysilicon.
Indeed, the large-scale expansion of production shows the confidence, perseverance and determination of GCL-POLY to focus deeply on the main business of silicon materials, and the strong support behind it is the leading technology, mature technology and wide market recognition and acceptance of granular silicon. As early as ten years ago, GCL-POLY took the lead in exploring the research and development of silane vulcanization bed technology. In 2019, GCL-POLY realized the commercial mass production of granular silicon with long period, high quality and low cost; In 2020, GCL-POLY accelerated the pace of production expansion and entered the harvest period of production capacity. The successful mass production of granular silicon was regarded as the seed of silicon material industry revolution by photovoltaic market, which laid a solid foundation for reshaping silicon material pattern under affordable photovoltaic power consumption.
GCL's 30-year high-quality green development keeps pace with the national energy strategy, and now it is ushered in a golden opportunity period of "carbon neutrality". China has announced that carbon dioxide emissions will reach the peak before 2030, and strive to achieve carbon neutrality before 2060. The whole manufacturing process of GCL-POLY granular silicon products is completely green, environmentally friendly and energy-saving, and its excellent carbon footprint has led the photovoltaic industry to help achieve China's goal of carbon neutrality before 2060. According to calculation, the production of granular silicon per kilogram saves about 45 degrees of electric energy and about two-thirds of heat energy compared with the traditional Siemens method, making it a leader in affordable photovoltaic power consumption and low-carbon emission reduction.

来源:香港经济日报、华夏能源网、能源一号 等