Photovoltaic tungsten wire cutting board concept stock

Why is tungsten wire in a shortage?

At present, the tungsten wire products are in a state of shortage due to the rapid growth of the photovoltaic industry. The demand for photovoltaic cutting wire is estimated to be more than 400 billion metres, but the mass production capacity of ultra-fine tungsten wire in China is no more than 100 billion metres.

What is ultra-fine tungsten wire for photovoltaic?

The company stated that the newly developed ultra-fine tungsten wire for photovoltaic is a new material that is mainly used in the new energy photovoltaic industry as a consumable material for cutting. At present, the tungsten wire products are in a state of shortage due to the rapid growth of the photovoltaic industry.

Can tungsten wire be used for photovoltaics?

As one of the three major tungsten wire producers in China, Xianglu Tungsten’s R&D project on ultra-fine tungsten wire for photovoltaics, which was launched in 2022, has achieved satisfactory results in preliminary research and small-scale trial production.

How much yuan will be used for tungsten alloy wire production?

After deducting the issue costs, 401,141,100 yuan will be used for this ultra-fine tungsten alloy wire production project, 187,746,000 yuan will be used for the technology upgrade project (Phase II) and 252,000,000 yuan will be used for additional working capital.

What is a wire saw cutting of silicon ingots?

The wire saw cutting of silicon ingots is a key step in the production of photovoltaic (PV) cells based on crystalline silicon — it has been in place for multiple decades and has been a reliable approach to providing the wafers used for cell manufacturing.