2.6 Billion Yuan! Shuangliang to Supply 7,800 MT of Silicon Materials to DAH Solar

PVTIME – Shuangliang Eco-Energy Co., Ltd. (Shuangliang)(600481.SH), a subsidiary of Shuangliang Group, announced on 22 March that Shuangliang Silicon Materials (Baotou) Co., Ltd, a wholly-owned subsidiary of the Company, recently signed a silicon ingot purchase and sales agreement with DAH Solar Co., Ltd.(DAH Solar), a China-based PV product manufacturer.

According to the contact, Shuangliang will supply DAH with 7,800MT of N10 mono-crystalline silicon square ingots from 2023 to 2025 at a price of 2.602 billion yuan, estimated according to the latest average price of mono-crystalline wafers (182mm/150μm) published by InfoLink Consulting on 16 March 2023.

In addition, on 21 March, Shuangliang Silicon Materials (Baotou) Co., Ltd. had signed a silicon wafer procurement contract with Jiangsu Zhongqing Advanced Cell Manufacturing Co., to supply Zhongqing with 135 million pieces of mono-crystalline silicon wafers (182 mm, p or n type), the sales value of which is estimated at 861 million yuan (including tax) based on the latest average price of mono wafers published by InfoLink Consulting on 16 March 2023.

Share