Having obtained his bachelor’s of science degree from the Keller School of Management in 1988, Steve Verschoor has had a long career as an electrical engineer and salesperson. Presently, Steve Verschoor is the head of Sales at GTSP Global, where he has secured several polysilicon contracts.
Polysilicon is also known as polycrystalline silicon, multi-crystalline silicon, or poly-Si. It is a polycrystalline form of silicon produced from metallurgical grade silicon through a chemical purification process called Siemens. The Siemens process involves the distillation of silicon compounds after exposing them to high temperatures, decomposing them into silicon.
Polysilicon is a raw material in the solar photovoltaic and electronic industry. In 2006, more than 50% of polysilicon supply worldwide was being used by photovoltaic manufacturers. In 2007, a shortage in the supply of polysilicon feedstock affected the solar industry. In May 2021, a Bloomberg article reported that the quadrupling cost of polysilicon is preventing the further growth of solar energy in various areas of the world. Polysilicon is a popular choice for producing solar energy materials because the cost of production is lower, leading to higher profits and output.