The spot price of polysilicon has risen, and the ambition of PV companies has been stimulated again. GCL-Poly, the largest supplier of polysilicon and wafers in China, announced that it plans to invest 17.7 billion Hong Kong dollars. It will expand to 65,000 tons on the basis of the existing 21,000 tons of polysilicon production capacity in the next two years, with a capacity increase of 200%. If GCL-Poly's planned production capacity in 2012 is successfully completed, it will become the world's largest polysilicon producer. Regarding the expansion of GCL-Poly, there is a market view that with the gradual release of the capacity of several major polysilicon manufacturers in the world, the possibility of overcapacity in the next few years is also greater.
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