Huasun has actually signed 2 handle Leascend Group, consisting of a monocrystalline silicon wafer supply arrangement, while GCL Technology has actually accepted provide Longi Green Energy Technology with 425,000 lots of N-type granular silicon to the end of 2026.
April 16, 2024 Vincent Shaw and Valerie Thompson
Image: Huasun
Leascend Group, a Shenzhen-listed business, has actually signed 2 contracts with Huasun New Material and Huasun Solar. Among its subsidiaries has actually accepted obtain 180 million 210/N monocrystalline silicon wafers from Huasun New Material. Leascend Group has actually likewise accepted offer 1 GW of A-grade G12 heterojunction cell items to Huasun Solar. The overall worth of the 2 agreements goes beyond CNY 200 million ($27.6 million).
An encapsulation movie maker in China, has actually revealed tactical modifications to the prepared 2024 growth of production capability throughout its centers in Vietnam, as well as the Chinese cities of Hangzhou and Suzhou. The business stated it prepares to decrease its advancement of the task, which intends to produce 250 million square meters of encapsulation movie annually in Hangzhou, to keep optimum capability usage and make sure a well balanced supply-demand relationship for downstream photovoltaic modules. The staying capability production is set up to be delayed till completion of 2025. Part of the plant building and construction was finished by December 2023, with a financial investment comparable to about 10% of the overall scheduled expense.
China’s Ministry of Industry and Information Technology (MIIT) has actually launched January-February PV production information revealing that business made about 330,000 lots of polysilicon, 130 GW of silicon wafers (with 9.3 GW exported) and 100 GW of solar batteries (with 9.5 GW exported). The MIIT stated that 76 GW of PV modules were likewise made in the very first 2 months of the year.
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GCL Technology stated it has actually signed an agreement to provide Longi Green Energy Technology with 425,000 lots of N-type granular silicon over the next 3 years to the end of 2026. The offer includes roughly 125,000 lots of granular silicon in 2024, around 150,000 lots in 2025, and 150,000 lots in 2026.
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