Xinte Electric Energy Storage System Bidding

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TBEA-owned polysilicon maker and renewables developer Xinte Energy hopes to raise up to RMB2 billion (US$309 million) towards the cost of a poly fab it intends to start constructing before July...

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Xinte Energy has unveiled plans to sell nearly 180 million shares in the company to raise funds for a new 100,000 ton polysilicon production facility. Energy Storage Awards

JinkoSolar, JA Solar line up priority polysilicon supply
Last week Xinte unveiled plans to sell nearly 180 million shares, the significant majority of which are to be procured by existing main shareholder TBEA, in a bid to raise up to RMB2 billion to...

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Xinte Energy secures 152,400MT polysilicon supply
Xinte Energy will supply Qinghai Gaojing Solar Energy Technology Co with a total of 152,400MT of polysilicon from July 2021 to December 2025. In typical fashion, prices would be negotiated on...

6 FAQs about [Xinte Electric Energy Storage System Bidding]
How much money will Xinte Energy Invest in China?
TBEA said around RMB8.8 billion will come from the initial public offering of Xinte Energy on China's stock market while the remaining amount will come from bank loans.
Will Xinte energy expand its polysilicon capacity?
TBEA-owned Xinte Energy ’s poly division has announced it will invest around RMB17.6 billion (US$2.8 billion) to expand its polysilicon capacity by another 200,000 metric tons. The expansion plan approved by the board of TBEA today envisages the construction of a new factory in Changji county, in the Xinjiang Uygur autonomous region.
Will Xinte energy supply Qinghai Gaojing solar energy technology co?
Xinte Energy will supply Qinghai Gaojing Solar Energy Technology Co with a total of 152,400MT of polysilicon from July 2021 to December 2025. In typical fashion, prices would be negotiated on a monthly basis.
Where is Xinte energy planning a new polysilicon production plant?
PV Tech recently highlighted that Xinte Energy planned a major new polysilicon production plant in city of Baotou, Inner Mongolia, which would be capable of producing 200,000MT per annum. Image: Xinte Energy
Will Xinte Energy Invest in raw polysilicon?
Raw polysilicon set for refining at a Xinte Energy facility. Image: Xinte Energy. ‘Solar Module Super League’ (SMSL) members JinkoSolar and JA Solar are to invest in polysilicon provider Xinte Energy’s 100,000 ton facility in Inner Mongolia, receiving priority access to the polysilicon produced as a result.
Will Xinte energy sell polysilicon to Wuxi Shangji automation?
The new agreement calls for Xinte Energy and its unit Xinjiang Xinte Crystal Silicon Hightech Co Ltd to sell a total of 70,350 tonnes of polysilicon to Wuxi Shangji Automation and its subsidiary Hongyuan New Material (Baotou) Co Ltd in the period January 2021-December 2025.
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