Home Green energy Chinese PV Industry Rapid: Huasun signs wafer, cell present deals

Chinese PV Industry Rapid: Huasun signs wafer, cell present deals

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Chinese PV Industry Rapid: Huasun signs wafer, cell present deals

Huasun has signed two deals with Leascend Team, including a monocrystalline silicon wafer present agreement, while GCL Technology has agreed to supply Longi Green Energy Technology with 425,000 hundreds N-form granular silicon to the tip of 2026.

Image: Huasun

Leascend Team, a Shenzhen-listed company, has signed two agreements with Huasun New Fabric and Huasun Solar. One among its subsidiaries has agreed to beget 180 million 210/N monocrystalline silicon wafers from Huasun New Fabric. Leascend Team has additionally agreed to sell 1 GW of A-grade G12 heterojunction cell products to Huasun Solar. The total cost of the 2 contracts exceeds CNY 200 million ($27.6 million). 

First, an encapsulation film producer in China, has launched strategic adjustments to the deliberate 2024 growth of manufacturing skill across its facilities in Vietnam, as well to the Chinese cities of Hangzhou and Suzhou. The company stated it plans to sluggish down its pattern of the mission, which goals to kind 250 million square meters of encapsulation film per 300 and sixty five days in Hangzhou, to withhold optimal skill utilization and procure certain a balanced present-seek info from relationship for downstream photovoltaic modules. The last skill manufacturing is scheduled to be postponed until the tip of 2025. Segment of the plant construction turned into carried out by December 2023, with an funding equivalent to about 10% of the full deliberate expenditure. 

China’s Ministry of Industry and Facts Technology (MIIT) has launched January-February PV manufacturing facts showing that firms manufactured about 330,000 hundreds polysilicon, 130 GW of silicon wafers (with 9.3 GW exported) and 100 GW of solar cells (with 9.5 GW exported). The MIIT stated that 76 GW of PV modules were additionally made in the first two months of the 300 and sixty five days.

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GCL Technology stated it has signed a contract to supply Longi Green Energy Technology with 425,000 hundreds N-form granular silicon over the next three years to the tip of 2026. The deal involves approximately 125,000 hundreds granular silicon in 2024, approximately 150,000 tons in 2025, and 150,000 tons in 2026.

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