Renesola (SOL) has announced that the first trial run has been completed at its shiny new plant in China’s Sichuan province. This is the first phase of a two phase, 3000 MT annualized capacityplant which uses the Siemens process and a closed loop to produce thepolysilicon. Phase 2 is expected to reach mechanical completion inSeptember.
“The launch of our in-house polysilicon manufacturing facilityrepresents another exciting strategic milestone for ReneSola,”commented Mr. Xianshou Li, ReneSola’s chief executive officer. “As anintegral part of our vertical integration strategy, thisstate-of-the-art facility is designed to enhance our competitiveness aswe benefit from cost synergies associated with upstream integration.The production output from this new facility will provide us with astable, cost-effective flow of polysilicon as we strengthen ourposition as one of the world’s leading, low-cost, fully integratedsolar companies.”