Longi Green Energy Technology

LONGi's R&D team sets record-breaking 33.9% efficiency in tandem solar cell – and they're confident of pushing that to over 34% soon. Get the details from this expert analysis.

The solar sector's two largest ventures, GCL and LONGi have actually authorized a significant polysilicon supply deal, the very first time the competitors have actually entered into a significant business deal with each other.

China-based polysilicon manufacturer, Daqo New Energy Corp has actually protected near-term polysilicon supply deals with SMSL (Solar Module Super League) participant, JA Solar and also an unknown existing client that means it is sold out up until a brand-new polysilicon plant is constructed as well as functional sometime in 2022.

China-based high-purity polysilicon manufacturer Daqo New Energy has actually reported that in the very first quarter of 2020, the typical complete manufacturing expense of polysilicon was minimized to US$ 5.86/ kg, below US$ 6.38/ kg in the previous quarter, a brand-new market document.

ROTH Capital Partners has told investors that the recent outbreak of the Coronavirus in China is likely to impact the solar industry supply chain, due to extended work stoppage in eight provinces, many being key solar manufacturing hubs, through February 9th.

The largest monocrystalline wafer producer, LONGi Green Energy Technology Co has signed a two-year wafer supply deal with Chinese solar cell producer, Jiangsu Runyang Yueda Photovoltaic Technology Co (Runergy) worth approximately US$1.5 billion (RMB 10.34 billion).

Daqo New Energy has agreed to supply 112,800 MT of polysilicon to Longi Green Energy Technology. The two parties did not disclose the financial terms of the three-year deal.