SunEdison in Talks for $2 Billion Polysilicon Plant in China
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SunEdison Inc., the best-performing U.S. solar company this year, is in talks with a Chinese company about investing as much as $2 billion to build a polysilicon factory in China.
The plant will have “the lowest cost” in the industry if it’s in China, SunEdison President Ahmad Chatila said yesterday in an interview in Beijing. The cash cost for making the commodity used in solar panels will be less than $6 a kilogram, about $2 below the next lowest competitor, he said.