[SMM PV News] United Solar Starts Polysilicon Production in Oman

Published: Feb 09, 2026 18:08 (GMT+8)
Omani manufacturer United Solar Holding has commenced production at its polysilicon facility in the Sohar Freezone, targeting an annual capacity of 100,000 metric tons, which enough to support 40 GW of solar modules. The milestone follows the closure of a massive debt financing package in mid-January totaling over $900 million, split between a $480 million facility led by the International Finance Corporation (IFC) and over $400 million from local commercial banks. The project's largest shareholder, Future Fund Oman, has increased its stake to approximately $260 million.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
【Flash | Coherent’s Optical Growth Supports the Indium Phosphide (InP) Demand Outlook】
4 hours ago
【Flash | Coherent’s Optical Growth Supports the Indium Phosphide (InP) Demand Outlook】
Read More
【Flash | Coherent’s Optical Growth Supports the Indium Phosphide (InP) Demand Outlook】
【Flash | Coherent’s Optical Growth Supports the Indium Phosphide (InP) Demand Outlook】
Coherent reported fiscal Q4 2026 Datacenter & Communications revenue of $1.615 billion, up 18.6% QoQ and 58.6% YoY, accounting for approximately 79% of total revenue. The company cited accelerating customer demand as AI datacenter architectures transition from copper to optical connectivity and said it is prioritizing manufacturing capacity expansion. Coherent’s technical materials identify indium phosphide as an important platform for native laser integration and high-bandwidth 400G-per-lane optical systems. SMM views the expansion of AI optical connectivity as supportive of medium-term InP and high-purity indium demand. However, Coherent did not disclose InP product shipments, preventing a quantitative estimate of the corresponding increase in indium consumption.
4 hours ago
[SMM Brief] PV module bidding capacity from 9.14-9.20 was 5,444.44 MW, with an average winning bid price of 0.73 yuan/W
4 hours ago
[SMM Brief] PV module bidding capacity from 9.14-9.20 was 5,444.44 MW, with an average winning bid price of 0.73 yuan/W
Read More
[SMM Brief] PV module bidding capacity from 9.14-9.20 was 5,444.44 MW, with an average winning bid price of 0.73 yuan/W
[SMM Brief] PV module bidding capacity from 9.14-9.20 was 5,444.44 MW, with an average winning bid price of 0.73 yuan/W
From September 14, 2026 to September 20, 2026, SMM statistics show that enterprises in China won bids for a total of 53 PV module projects, with an average winning bid price of 0.73 yuan/W. The total awarded procurement capacity was 5,444.44 MW, an increase of 2,226.65 MW compared with the previous statistical period.
4 hours ago
Canada Lifts Solar Trade Duties: Can Chinese Modules Win a Bigger Share? [SMM Analysis]
4 hours ago
Canada Lifts Solar Trade Duties: Can Chinese Modules Win a Bigger Share? [SMM Analysis]
Read More
Canada Lifts Solar Trade Duties: Can Chinese Modules Win a Bigger Share? [SMM Analysis]
Canada Lifts Solar Trade Duties: Can Chinese Modules Win a Bigger Share? [SMM Analysis]
Canada has removed a significant trade restriction on direct shipments of certain solar products from China. On 17 September, the Canadian International Trade Tribunal terminated an expiry review covering certain photovoltaic modules and laminates from China and rescinded its existing order. The Canada Border Services Agency will therefore no longer impose anti-dumping and countervailing duties on the goods concerned.
4 hours ago