On April 8, Tongwei Co., Ltd. (stock code: 600438) announced significant progress in its photovoltaic module business. The company has achieved a shipment volume of 45.71 GW for 2024, marking a remarkable year-on-year increase of 46.91%. Recently, Tongwei has signed several major sales agreements and has been awarded contracts for multiple projects.
Regarding specific sales agreements, Tongwei has established partnerships with several international entities, including PVO International B.V., European Energy A/S, Gransolar, and Hangzhou Haixing Power Technology Co., Ltd.. The agreement sizes are 130 MW, 148 MW, 108 MW, and 550 MW, respectively.
In addition to sales, the company has excelled in project bidding, securing the centralized procurement of photovoltaic module equipment for 586 MW from Guohua Energy Investment Co., Ltd.. Furthermore, Tongwei has been shortlisted for projects with organizations such as China Datang Group and Three Gorges Materials, with a total bidding scale reaching 22 GW. The final transaction amounts and fulfillment terms for these projects will be confirmed through formal contracts.
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