Dalu Group and Kunical International Announce Strategic Cooperation with Space Energy Corporation of Japan in the Solar Energy Industry
8 April 2008
Dalu Group and their marketing partner, Kunical International Group Ltd announced that they have signed a 10-year polysilicon supply contract with Space Energy Corporation of Tokyo, Japan, who will buy polysilicon produced at Dalu's polysilicon production plant in Hohhot, China. The agreement would enable SEC's wafer production to begin in 2010 at more than 150MW, and have a projected capacity by the end of the agreement in 2019 of 1.3GW per year.
"Dalu's polysilicon plant project introduced advanced polysilicon production technology and major equipment from Europe and the United States. Following its commencement, this project has drawn worldwide industry attention. During our visit, we have seen that the project is progressing quite well. We've now come to a mutually beneficial agreement for long-term cooperation with Dalu Group for the supply of polysilicon and we are looking forward to a successful strategic cooperation in the solar energy industry," said Toshinao Nimura, the Founder and President of Space Energy Corporation.
Dalu's polysilicon production plant will be constructed in three phases with a final capacity of 18,000 tons per year. Work on Phase I began in September 2007, and will be put into operation by the end of 2009. Phase II capacity is 5,500 tons per year, and Phase III is 10,000 tons per year. The project is expected to be completed in five years, when the plant will become one of the major bases of polysilicon production in the world.
