Trina Solar Inks Pact with Zhonghuan Arm to Buy 1.2 Bn Units of 210mm Monocrystal Silicon Wafer

Trina Solar, a manufacturer of solar modules, signed a framework contract to buy 210mm monocrystal silicon wafers from Tianjin Huanou International Silicon Material Co Ltd, a subsidiary of Zhonghuan.

Zhonghuan is a Chinese high-tech enterprise in the semiconductor energy-saving and new energy industry.

Under the contract, the proposed procurement period would be between January 2021 and December 2021, and during the period the estimated total contract value is about 6.552 billion yuan (including tax) with no less than 1.2 billion pieces.

The agreement was signed in the presence of Gao Jifan, Chairman of Trina Solar, and Shen Haoping, General Manager of Zhonghuan, on November 19, 2020, during the signing ceremony held at Trina Solar's headquarters in Changzhou.

During the occasion, Gao Jifan, Chairman of Trina Solar, said that “the procurement of more than 1.2 billion units of 210mm monocrystal silicon wafers will provide a strong guarantee to implement the capacity planning of Trina Solar's 210mm PV cells and modules, and to supply the offerings of Vertex ultra-high-power modules, meeting more customer demands for ultra-high-power modules in a timely manner. In this way, Trina Solar will be better positioned to create greater value for their customers.”

He further added “the photovoltaic industry has entered the 600W+ era with the technology further iterating and developing at an accelerated speed. Module design has always centered around the premise of improving system efficiency and reducing the cost of electricity generated per kilowatt hour. Additionally, module design thinking also necessitates breakthrough innovation, which is not only based on existing capacity and technology updates, but also on revolutionary application of new silicon wafer and battery technologies. Collaborative innovation between companies is needed to completely connect core areas such as R&D, manufacturing and application, so that the industrialization and marketization of modules can be accomplished more rapidly to generate profit and value for end customers. This is an inevitable trend in the progressive development of the industry.”