Chinese solar material processing equipment manufacturer Shuangliang Eco-Energy System received a USD58.3 million production equipment order from a plant in Oman.
Shuangliang will supply polycrystalline silicon reduction furnaces, hydrogen production equipment, and refrigeration units to a planned high-purity polysilicon plant with an annual output capacity of 100,000 tons in the Sohar Free Zone, owned by Oman’s United Solar Polysilicon (FZC) SPC, the Jiangyin-based company announced yesterday.
The order will help Shuangliang develop in the Middle Eastern new energy market and accumulate international customer resources, the firm added, without disclosing any further details.
Shuangliang [SHA: 600481] was trading down 2.3 percent at CNY8.02 (USD1.12) as of 1.50 p.m. in Shanghai today. The stock fell 32 percent last year.
(Picture: Veer)