Jinko Solar Co., Ltd. inks polysilicon supply agreement with Wacker

By Hope Hill |

JinkoSolar Holding Co., Ltd., has reportedly declared that one of its mainstream arms, Jinko Solar Co., Ltd. has signed a supply agreement with Wacker Chemie AG. The long-term deal entails Wacker to supply over 70,000 tons of polysilicon to Jinko Solar Co., Ltd., from September 2021 to December 2026.

An official press release claims that Wacker will retain the decided polysilicon capacity for Jinko Solar Co., Ltd., and will supply the same from its units in the United States and Germany. According to sources familiar with the knowledge of the matter, the purchase price is likely to be based on the market price.

Mr. Kangping Chen, Chief Executive Officer (CEO), Jinko Solar Co., Ltd., said that Wacker, being one of the principal leaders in the global polysilicon market, has always been manufacturing highly superior quality products. Having signed this long-term polysilicon supply deal with Wacker, JinkoSolar has not only ensured that its products will be manufactured from a completely trustworthy, high-quality raw material source, but has also set the seal on stable, consistent supply of its high efficiency products to its clients worldwide, Mr. Chen adds.

Mr. Chen was also quoted to state that JinkoSolar has always been on the lookout for strong future insights and has been working to establish beneficial, long-term partnerships with major raw material suppliers in the PV industry. The company does so in order to continue to provide its clients the world over, with a continuous and consistent supply of clean, highly efficient products, and also to encourage the advancement of the global PV industry, he further claimed.

About JinkoSolar Holding Co., Ltd.:

One of most innovative and biggest solar module producers worldwide, JinkoSolar works to sell and distribute its solar products, services, and solutions to numerous international residential, utility, and commercial customers spanning the United Arab Emirates, Belgium, China, the United Kingdom, France, the United States, Spain, Japan, Italy, Chile, India, South Africa, Germany, and Mexico. As on March 31, 2021, JinkoSolar has constructed a solar product value chain – vertically integrated, boasting of an overall annual capacity of 11.5 GW for solar cells, 31 GW for solar modules, and 22 GW for mono wafers.



Source Credits:

https://apnews.com/press-release/pr-newswire/europe-middle-east-business-97a00b591a5173bd4509ec664a2cf581

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