Huasun Energy and Shanghai Electric Forge Strategic Alliance to Accelerate Global HJT Advancement

Huasun Energy and Shanghai Hency Solar Technology, a subsidiary of Shanghai Electric Group, have signed a strategic cooperation framework agreement to jointly advance heterojunction (HJT) technology, product collaboration, and international market expansion. The partnership aims to accelerate technology standardization, commercialization, and the global adoption of high-efficiency photovoltaic solutions.

The agreement builds on the companies’ complementary strengths. Huasun Energy, a global leader in HJT, operates a fully integrated production chain from ingots to modules with an annual HJT capacity of 20 GW, the largest in the world. Hency Solar leverages Shanghai Electric’s expertise in smart energy systems, advanced manufacturing, and digital integration, focusing on high-efficiency HJT and next-generation tandem technologies.

The partnership will focus on advancing HJT efficiency and tandem research, coordinating production to strengthen supply chain resilience, and expanding international markets through joint projects and branding. As members of China’s 760W+ High Efficiency HJT Club, the two companies are now moving from technical cooperation to a more comprehensive industrial partnership, accelerating the growth of the HJT ecosystem.

“Partnering with Shanghai Electric is a pivotal step in building a unified HJT ecosystem,” said Jimmy Xu, Chairman of Huasun. “Together, we will accelerate standardization and large-scale deployment, delivering higher efficiency and reliability to global customers.”

Yinping Qiao, COO of Shanghai Electric Group, added, “This cooperation reflects deep strategic alignment. By combining Shanghai Electric’s system expertise with Huasun’s technology leadership, we will jointly advance next-generation PV innovation and create greater value for global clients.”

Through this alliance, Huasun Energy and Hency Solar of Shanghai Electric will pool resources and expertise to accelerate HJT adoption, strengthen global competitiveness, and support the transition to sustainable energy.

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