- A Jolywood subsidiary is to procure 1.06 billion monocrystalline silicon wafers
- Yuze Semiconductor is to supply these wafers between 2021 and 2023
- The agreement is in line with Jolywood’s development strategy as it goes about securing stable supply of raw material
Chinese solar PV company Jolywood Group’s wholly owned subsidiary Jiangsu Jolywood New Material Technology has placed an order for close to 1.06 billion wafers to meet the company’s production and operation plans for the near future.
Under the long term agreement signed, Yuze Semiconductor (Yunnan) Co., Ltd. will supply Jolywood with monocrystalline silicon wafers between 2021 and 2023. The transaction value of the deal wasn’t revealed, but Jolywood said it will depend on the latest wafer prices published on LONGi’s official website.
For Jolywood, a high-efficiency solar cell, module and backsheet manufacturer, the framework contract translates into ensuring stable supply of monocrystalline silicon wafers in line with its long-term development strategy.
In August 2020, Jolywood entered the 600W module producers ‘club’ with the launch of a bifacial solar module series with up to 615W output using large size silicon wafer and multi-busbar technology (see New Jolywood Bifacial N-Type Module With 615W Output).
Jolywood participated in TaiyangNews’ High Efficiency Solar Technologies conference in December 2020 when its VP Technology Dr. Liu Zhifeng discussed the advantages of TOPCon for commercial cell/module production. His presentation can be viewed on TaiyangNews YouTube channel here.