Tongwei revealed that six of its subsidiaries signed a monocrystalline polysilicon materials gross sales settlement with 9 subsidiaries of Longi. The phrases of the settlement state that between 2024 and 2026, Longi will acquire a minimal of 862,400 tons of polysilicon from Tongwei. Pricing for this transaction will probably be topic to month-to-month negotiations between the events. Based on the newest home n-type silicon transactional value of CNY 45,300 ($6,265) per ton introduced by the China Nonferrous Metals Industry Association (CNMIA) on May 8, the overall contract worth is estimated at CNY 39.1 billion. The collaboration between Tongwei and Longi marks the continuation of their earlier partnerships, with important gross sales contracts signed in 2018 and 2022.

Cloud Live Tech Group (CLTP), a brand new entrant within the PV sector, introduced an settlement with Das Solar for TOPCon n-type cells with effectivity rankings of 24.7% and above. The contract stipulates the supply of cells to Das Solar in batches, with a complete estimated gross sales quantity of 1,408 MW. Deliveries are scheduled month-to-month, with completion anticipated by the tip of 2024. CLTP has additionally concluded a contract to provide 1.6 GW of N-type monocrystalline cells to GCL SI by November 2024. These deliveries happens each month, at a nominal effectivity of at the least 24.6%

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