PVTIME – On 19 September 2024, Golden Solar, a leading China-based company mainly engaged in the research and development and deep processing of various kinds of high-tech and special glass, announced a powerful partnership between LONGi, JP Solar and Quanzhou subsidiary of Golden Solar.
The three sides have agreed to set up a company with registered capital of 659 million yuan to produce HBC solar cells. LONGi holds 20.18% of the company, while JP Solar and Golden Solar (Quanzhou) hold 52.51% and 27.31% respectively.
Under the agreement, LONGi’s four PERC production lines in Xi’an City will be upgraded to produce high-efficiency HBC cells, which will be processed into modules by LONGi or related companies.
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