PVTIME – On 20 December 2023, Jiangsu Safety Group Co.,Ltd. (Safety Group, 603028.SH), a leading supplier with more than 60 years of experience in wire rope manufacturing, announced that one of its new energy holding subsidiaries has signed a long-term TOPCon cell supply agreement with Phono Solar, a leading global manufacturer of high-performance photovoltaic products and a subsidiary of SUMEC Group.
The two sides have agreed that the subsidiary of Safety Group will supply 4.5GW of monocrystalline TOPCon solar cells to Phono Solar from 19 December 2023 to 31 December 2023. The transaction value of the order signed by both parties under this agreement will be the basis for the specific settlement price.
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