Trina adds to supply deal run with three-year Daqo polysilicon contract

Nov 30, 2020 12:06 PM ET
  • Trina Solar has actually signed an additional upstream manufacturing supply arrangement, penning a long-term high purity polysilicon supply handle Daqo New Energy.
Trina adds to supply deal run with three-year Daqo polysilicon contract
Image: Daqo New Energy

Under the regards to the deal Daqo will provide Trina with in between 30,000-- 37,600 lots of polysilicon in between November 2020 and also December 2023. Rates will be bargained on a regular monthly basis according to market problems, with Trina making an advancement settlement to Daqo.

Jifan Gao, chairman at Trina Solar, claimed the long-lasting offer would help the 'Solar Module Super League' (SMSL) manufacturer "better implement our technique" to provide innovative solar PV products to the market.

Longgen Zhang, CEO at Daqo New Energy, stated the polysilicon service provider was pleased to grow its lasting participation with Trina.

The deal with Daqo begins the rear of a variety of product and also element contracts authorized by Trina in recent weeks as it aims to ramp manufacturing of its brand-new Vertex series of panels. In the last fortnight, Trina has signed significant wafer supply deals with Zhonghuan Semiconductor as well as Wuxi Shangji CNC, in addition to a sizeable glass supply handle Almaden.

Trina has actually too signed a major, multi-billion-dollar strategic alliance with Tongwei to co-invest and also develop solar silicon, wafer as well as cell facilities throughout China. That bargain will see Trina take a 35% risk in a 40,000 load polysilicon facility which is slated to be functional by September 2022.

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