Daqo Energy's subsidiary, Daqo Energy Technology (Shanghai) Co., Ltd., has set its sights on Kunshan Development Zone, where it intends to forge a new legal entity and channel a staggering 6 billion yuan into the construction of the Daqo Smart Energy System Manufacturing Base. This ambitious project will unfold in two distinct phases. The inaugural phase, boasting an investment of roughly 2.1 billion yuan, will zero in on the research, development, production, and marketing of cutting-edge smart energy system solutions and their accompanying apparatus. This encompasses a range of innovative technologies, from energy storage systems and solid-state transformers to solid-state circuit breakers and solid-state batteries.
