Access conditions for China's polysilicon industry will be operating from next month entered a substantive stage. China Ministry of Information Industry and the recently released to the provinces, "the polysilicon industry, access the application report", requiring access to the first applicant to verify the material, glue gun and in July 15 will review the results and material submitted to the Ministry of Industry.
Ministry of Industry in a notice posted on its Web site saying, will organize experts and relevant testing organization commissioned review of application materials, examination, together with relevant ministries to meet the access requirements issued by notice in the polysilicon business list.
A few years ago thanks to the international solar PV market, the rapid expansion of photovoltaic cells as a raw material spot price of polysilicon in 2005 from about 30 U.S. dollars per kilogram rose to the highest point in 2008 to 500 dollars. huge profits, attracted a large number of domestic Polysilicon enterprises to invest in construction projects, if the goal of all planning and construction of into production, glue stick there is the risk of oversupply.
This prompted the State Council in 2009, warning signs of industry overcapacity. Earlier this year, the Government issued the "access conditions for the polysilicon industry,"which requires investment in new construction and renovation projects in the minimum capital ratio of not less than 30%, solar grade polysilicon Each larger than 3,000 tons / year, energy consumption and resource conditions and to make strict rules.
Market participants believe that this will help accelerate the market resources and technology to a large-scale, cost advantages of large enterprise aggregation. currently the largest polysilicon enterprises GCL (3800.HK: Quote), the end of 2010 production capacity of 2.1 million tons, 2011 Enhance the end of not less than 2.5 tons, so that total capacity of at least 4.6 million tons.