Shenzhen CSG Group invested six billion aimed at the solar industry

Recently, by the Shenzhen enterprises to invest in the construction of the CSG Chinese largest silicon material base was officially settled in Hubei city of Yichang province. The project is the largest investment in the city of Yichang has so far been the introduction of industrial projects, but also Guangdong, Shenzhen counterpart support the Three Gorges Reservoir area economic development and cooperation of key projects.

Silicon material base is composed of CSG CSG group and Hongkong Huayi Co. Ltd., Yichang Liyuan science and technology development limited liability company jointly invested 6 billion yuan in the construction and production of high purity polysilicon material of the project, the planning area of 1500 acres, the total size of an annual output of 5000 tons of high-purity polysilicon. The first phase of the project is to produce an annual output of 1500 tons of high purity polysilicon.

CSG Group CEO Zeng Nan told reporters that the current China polysilicon is mainly dependent on imports, due to technical monopoly, now more than 90% of global polysilicon raw materials from the 7 enterprises to provide. Polysilicon prices from 2003's $23 / kg, up to this year in May more than 200 U.S. dollars / kg, who is the king of silicon industry has become famous. With the CSG high purity polysilicon project started, China CSG in the global polysilicon industry occupies an important seat, and will be formed in the polysilicon material as the leading "high-purity polysilicon materials - silicon - solar cell," a complete industrial chain, has become an important influence in the global solar industry suppliers. From this sense, CSG polysilicon project will be a major project to fill the blank of the country, will also be the end of China not large-scale production of high-purity polysilicon material history.

It is reported that the CSG group was founded in 1984, the construction of the initial investment of about $500 thousand, with a simple glass processing and sales. In 1992, CSG both A and B shares listed on the Shenzhen stock exchange. Today, CSG has a large production base in Shenzhen, Tianjin, Guangzhou, Chengdu, Hainan, Suzhou and other places. The CSG project in Yichang jointly designed by the Russian national rare metals research and Design Institute and China Chengda Engineering Company, into the world's advanced technology and equipment.

The solar industry is popular hot led polysilicon polysilicon material with metal silicon as raw material after purification of electronic materials, a series of physical and chemical reactions to achieve a certain purity, silicon products in the industry chain is a very important intermediate product, is made of silicon wafers, solar battery and main raw materials of high purity silicon products. The information industry is the most basic and new energy and industrial raw materials. It is understood that in 2005 the global production of solar cells required high purity polysilicon shortage reached 24%, China's gap is higher. In August last year, a survey report shows that between 2006~2007 years, polysilicon materials will continue to lack. 2004~2005 in August, due to the shortage of polysilicon market, foreign suppliers substantial price increases. Polysilicon prices continued to rise, the biggest impact is the photovoltaic market. Photovoltaic power generation relies on solar energy, solar power generation needs to manufacture solar cells, and the most important raw material for the production of solar cells is silicon material.

At present, the development of integrated circuits and solar cells in China is increasing rapidly. In 2005, the integrated circuit industry needs about 1000 tons of electronic grade polysilicon, solar cells need photovoltaic grade polysilicon about 1400 tons.