On May 9, 2022, according to the announcement of Shuangliang Energy Conservation, the wholly-owned subsidiary Shuangliang Silicon Materials (Baotou) Co., Ltd. and Risen Energy (Anhui) New Energy Co., Ltd., a wholly-owned subsidiary of Risen Energy, officially signed a monocrystalline silicon agreement. The film purchase agreement is expected to total 14.227 billion yuan in three years.

According to the agreement, it is expected that from May 2022 to December 2024, Risheng Anhui will purchase a total of 1.572 billion silicon wafers from Shuangliang Silicon Materials (the size of silicon wafers can be adjusted according to demand, but the overall purchase quantity will remain unchanged). Among them, 72 million pieces will be purchased in 2022, 600 million pieces will be purchased in 2023, and 900 million pieces will be purchased in 2024.

Shuangliang Energy Conservation stated that the existing capacity supply of photovoltaic monocrystalline silicon wafers can no longer meet the long-term needs of downstream customers in the photovoltaic industry, which provides a broad market space for the company to carry out related businesses. At the same time, large-scale photovoltaic silicon wafers represent the mainstream direction of photovoltaic future development. The company adopts all 1600 furnace type single crystal furnaces, which can produce photovoltaic single crystal silicon wafers of various sizes of 210mm, 182mm and below, meeting the highest specification and size requirements of downstream customers. The signing of a large order between Shuangliang Energy Conservation and Risen Energy just proves that customers' recognition of the company's large-size monocrystalline silicon wafer products will help the company's monocrystalline silicon wafer business to form long-term and stable sales.

Recently, Shuangliang Energy Conservation is still increasing the photovoltaic industry, and wants to go further in this field. Shuangliang Energy Conservation recently announced its entry into the module segment, and plans to invest a total of 5 billion yuan in Baotou Rare Earth High-tech Zone to build a 20GW high-efficiency photovoltaic module project. Editor/He Yuting