The company also announced plans to expand the annual wafer manufacturing capacity of its Vietnamese subsidiary, Neosilicon Technologies, to 11.5GW by 2029. The expansion of polysilicon supply will be a positive step for the industry, which has seen a number of industry leaders struggle in recent months. “Surging electricity demand driven by AI data centers is significantly strengthening growth momentum for solar energy in the US market,” said OCI Holdings chairman Woo-hyun Lee. “Leveraging our differentiated non-PFE competitive advantage, OCI Holdings will expand investments across the solar value chain and proactively adapt to shifts in the global supply chain.” The company’s own financial presentation makes references to changes in the US energy sector, and how OCI Holdings could benefit from this.