Daqo New Energy Corp
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Daqo New Energy Corp
Annual revenue increase : 174.50 % CEO : Xiang Xu
Daqo is a Chinese company engaged in the manufacture of monocrystalline silicon ( mono-Si ) and polysilicon ( poly-Si ), primarily for use in solar photovoltaic systems . The company operates a mono-Si and poly-Si manufacturing facility located in Shihezi , Xinjiang Province , China .
Falling costs throughout the supply chain are finally making solar energy feasible on a wide scale and Daqo is well-positioned to consolidate as one of the lowest-cost producers in the world .
However , its low costs might not just be down to favourable market conditions ; Dago is one of a number of Chinese businesses blacklisted by the US government for suspected use of Uyghur forced labour in its supply chain .
38 November 2023