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Qatar Solar Energy signs 10 year silicon deal with Kazatomprom

Kazatomprom has signed an agreement with Qatar Solar Energy to supply silicon for a decade, boosting Qatar’s renewable energy production

The contract was signed in Astana, Kazakhstan
The contract was signed in Astana, Kazakhstan

Qatar Solar Energy (QSE) has signed a landmark agreement to source solar grade silicon from Kazatomprom at an extremely competitive fixed cost for the next ten years. 

The deal supports QSE’s strategy of becoming the world’s largest producer of solar energy and a major exporter of renewable energy technology products. Solar grade silicon from Kazatomprom will be used to manufacture products that are designed to perform in the world’s most demanding environments.  

QSE is the owner of the MENA region’s largest solar technology development and manufacturing facility. Purchasing raw polysilicon at a fixed price will put it in a strong position if demand for the material rises in line with an anticipated exponential growth in global demand for solar energy.

“The steady supply of quality raw material is crucial to Qatar Solar Energy’s mission to deliver on the promise of low cost and affordable renewable energy for populations across the world,” said Salim Abbassi, CEO of QSE at a press conference in Astana, Kazakhstan. “By lowering costs and increasing efficiency, QSE is accelerating the democratisation of renewable energy worldwide. 

Kazatomprom, a multi-billion dollar energy company based in the Republic of Kazakhstan, is ranked as the world's largest producer of uranium. The company has been active in renewable energy since 2009, with a number of high tech innovative projects in the sustainable energy sector including the production of photovoltaic modules, ingots, wafers and cells as well as solar grade silicon. 

“This partnership allows QSE to secure the entire value chain from raw material to smart-grid development and provides a powerful foundation from which QSE will further expand its production capacity to 2.5 GW,” said Abbassi.

A capacity of 2.5 GW would make Qatar one of the largest producers of solar power in the world. The total combined capacity of production in Europe and the US currently stands at 3.4 GW.