Trina Solar seals 1.2 billion wafer supply deal with Zhonghuan Semiconductor

Nov 23, 2020 01:11 PM ET
  • Trina Solar has actually strengthened its solar wafer supply line with the finalizing of a 1.2 billion wafer handle Zhonguan Semiconductor, valued at RMB6.5 billion (US$ 990 million).
Trina Solar seals 1.2 billion wafer supply deal with Zhonghuan Semiconductor
Image: Trina Solar

Under the regards to the deal, Zhonghuan subsidiary Huan'ou International will market 1.2 billion G12, 210mm wafers throughout next year, amongst the biggest orders for 210mm mono wafers to date.

Zhonghuan launched the large-area size G12 wafers in H2 last year and also since then, the PV sector and also supply chain has actually transformed considerably.

The extra-large, ruby wire-cut mono square wafer, with a side size of 210mm, is 80.5% larger than the traditional M2 wafer, which adds to higher photoelectric conversion efficiency as well as manufacturing performance.

The offer struck in between Zhonghuan as well as Trina represents yet more success of the G12 wafer and also, speaking at a signing ceremony held at Trina's head office in Changzhou, Trina chairman Jifan Gao claimed the supply contract would certainly provide solid support for the makers 210mm cell as well as module capability strategy.

According to Haoping Shen, general supervisor at Zhonghuan, the business has been pursuing a lasting as well as steady advancement strategy to stay affordable in the wafer market. According to PV Tech evaluation, by the end of 2020, Zhonghuan's G12 wafer production capability is set to reach 19GW, and 50GW in 2021 as a result of capacity released from a Phase IV growth project.

In Q3 2020, Zhonghuan's profits was RMB4.7 billion (US$ 715 million), of which the large majority - RMB3.7 billion (US$ 563 million)-- was from wafer supply.

Signing of the agreement can be found in the very same week that Trina unveiled a boating of various other supply chain plans, including the formation of a spots joint venture with polysilicon as well as solar battery manufacturer Tongwei, and also 2 additional take care of solar glass service provider Almaden and also wafer maker Wuxi Shangji.

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