China’s Solar Industry Is Slowly Shifting Away From Xinjiang
- Move comes as U.S. intensifies its scrutiny of the region
- Daqo New Energy plans large facility in Inner Mongolia
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Chinese solar companies are gradually shifting the country’s solar supply chain away from Xinjiang as the U.S. increases its scrutiny of the region.
Daqo New Energy Corp., which operates a massive polysilicon factory in the western China region, announced Monday it would build a second, larger facility in Inner Mongolia. That’s part of a broader movement. Just 15% of announced or under construction polysilicon projects as of November are in Xinjiang, according to BloombergNEF, compared to 40% of global capacity being there at the end of 2020.