NEWS – Tongwei Secures $5.4 Billion Polysilicon Order from LONGi

NEWS

Tongwei Secures $5.4 Billion Polysilicon Order from LONGi

Tongwei has agreed to provide more than 862,400 tons of polysilicon to Longi from 2024 to 2026.

May 14th, 2024

Tongwei has announced a major agreement with LONGi to supply over 862,400 tons of monocrystalline polysilicon from 2024 to 2026. This substantial deal involves Tongwei’s six subsidiaries and Longi’s nine subsidiaries, reinforcing their strong and ongoing partnership.

Key Highlights:

• Volume: Over 862,400 tons of polysilicon
• Duration: 2024 to 2026
• Estimated Value: Approximately $5.4 billion (CNY 39.1 billion)
• Pricing: Subject to monthly negotiations based on the latest market prices

This collaboration builds on the successful contracts between Tongwei and Longi in 2018 and 2022, further solidifying their commitment to advancing the solar industry. We look forward to the positive impact this partnership will have on the renewable energy landscape.

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