Jolywood said it has halted plans to set up a silicon metal plant and a polysilicon production facility in Gujiao, Shanxi province. The company originally unveiled the CNY 14 billion ($1.9 billion) plan in March 2022. It said it is halting the project due to current conditions in the upstream silicon PV market.
100,000 metric tons of polysilicon can be used to manufacture about 40 GW of solar panels.
One million grams per metric tons, times 100,000 metric tons is 100 billion grams. At 2.5 grams of polysilicon per watt of solar power – that’s 40 billion watts, which is 40 gigawatts.