ReneSola (SOL) Completes Trial Run At New Sichuan Plant

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07:53:41 am on July 14, 2009

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 capacity plant which uses the Siemens process and a closed loop to produce the polysilicon.  Phase 2 is expected to reach mechanical completion in September. 

“The launch of our in-house polysilicon manufacturing facility represents another exciting strategic milestone for ReneSola,” commented Mr. Xianshou Li, ReneSola’s chief executive officer. “As an integral part of our vertical integration strategy, this state-of-the-art facility is designed to enhance our competitiveness as we benefit from cost synergies associated with upstream integration. The production output from this new facility will provide us with a stable, cost-effective flow of polysilicon as we strengthen our position as one of the world’s leading, low-cost, fully integrated solar companies.”

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