ReneSola (SOL) Completes Trial Run At New Sichuan Plant

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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