Motech Industries, a Taiwan-based solar cell maker, has announced an additional investment of US$25 million in AE Polysilicon Corporation to raise its stake in the US-based solar-grade polycrystalline silicon (poly-Si) supplier to 50.2%.

According to the Chinese-language Economic Daily News (EDN), AE's fluidized-bed process enables a production cost of US$25 per kilogram of poly-Si, lower than US$30-50/kg from the Siemens process.

AE is setting up an annual poly-Si capacity of 1,800 metric tons with production set to begin in the fourth quarter of 2009, and then it will set up an additional annual capacity of 5,400 metric tons in 2010-2011, EDN indicated.

Last update: 25 May 2009 at 10:49

Keywords : News, Taiwan, Solar cell, Motech Industries, ups stake, US company, AE Polysilicon, US$25 million.

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