Polycrystalline silicon storage has made new progress. The total amount of investment from all parties may be between 20 billion and 30 billion yuan.

This year, against the backdrop of the "anti-inner looping" in the photovoltaic industry, top polysilicon companies are planning to form a consortium to eliminate some production capacity and clear the industry's accumulated debts. On November 6th, it was learned from a person close to the polysilicon procurement and storage matters that the total investment from all parties may be between 20 billion to 30 billion RMB, but the exact amount is still uncertain. The total funds required for production capacity procurement and storage will be higher than this amount, and the specific amount cannot be determined at the moment. "The amount of production capacity to be retained may be less than expected by the market," the source revealed. They stated that the parties have reached a consensus on the fundamental terms, but the details still need to be finalized. If there is progress, relevant listed companies may disclose announcements.