28 December 2011 05:13 [Source: ICIS news]
The company is expected to start building the first phase of the project, which will have a capacity of 1,250 tonnes/year, in early 2012 and complete it by 2014, the source said.
The construction of the second phase, which will have a capacity of 2,500 tonnes/year, will be started after the company has started operating the first phase, the source added.
Shaanxi Tianhong will invest a total of yuan (CNY) 3.7bn ($585m) on the project, the source added.
The producer on 19 December signed an agreement with Centrotherm Photovoltaics for the German polysilicon major to supply the key equipment to the new project, according to a statement from Centrotherm.
($1 = CNY6.33)
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