![The 10-member China Photovoltaic Solar Energy High Efficiency 740W+ Club was officially launched during a roundtable conference in Shanghai, China. (Photo Credit: Leascend Technology)](http://media.assettype.com/taiyangnews%2Fimport%2Fwp-content%2Fuploads%2F2024%2F03%2FLeascend.jpg?w=480&auto=format%2Ccompress&fit=max)
A group of 10 leading heterojunction (HJT) solar manufacturers from China have launched what they call is the China Photovoltaic Solar Energy High Efficiency 740W+ Club.
This 'industry circle of friends' will focus on supply chain and sales channel integration, joint brand promotion along with technology sharing and other measures to boost HJT technology.
Members of this alliance are Huasun Energy, Risen Energy, Leascend Technology, Grand Sunergy, Golden Solar, WINHITECH, Mingyang New Energy, Soltrend, Quanwei Technology and Akcome Technology.
Officially launched at the recent roundtable organized by the 10 players in Shanghai, the club is 'a practical measure for photovoltaic companies to deeply grasp and conscientiously implement General Secretary Xi Jinping's important exposition on developing new productivity.' They aim it to become a platform to display the results of the country's PV innovation and progress.
Huasun Energy Chairman Xu Xiaohua pointed to the market's 'insufficient understanding' of the characteristics of HJT and the high costs caused by an 'imperfect industrial chain system' as the major problems for the growth of this cell technology. The 740W+ Club aims to respond to the high-quality development needs of the industry.
The participants of the roundtable shared their experiences and challenges with a view to creating a more attractive brand image for HJT modules. They see the collaboration as a means to optimize supply chain management, reduce raw material costs and improve production efficiency.
The discussion also touched upon optimizing supply chain management, reducing raw material costs and improving production efficiency. Risen Energy President Wu Xuegang called for the club to establish procurement standards for the HJT supply chain.
Also on the agenda was joint exploration of innovation and R&D activities in the domain to build a new model for low-carbon applications.
Members of the group plan to meet regularly to exchange information and market resources to form a closer working relationship.
The 740W+ Club follows the recent launch of 700W+ Photovoltaic Open Innovation Ecological Alliance in January 2024. Led by Trina Solar and 5 other companies including Risen Energy, this alliance aims to standardize the design and manufacture of these high efficiency modules (see Trina Solar Announces New Solar PV Standard Coalition).
Currently, TOPCon is fast emerging as the successor of PERC technology mainly because of cost advantage as PERC production equipment can be modified to accommodate TOPCon. Yet, there is a growing tribe of HJT manufacturers that continue to expand their production capacity by several GWs. Even outside of China, companies in Europe prefer to invest in HJT to differentiate themselves in a market full of TOPCon.
The TaiyangNews Heterojunction Solar Technology 2023 Edition delves into the progress this technology continues to achieve as stakeholders work on cost reduction. The report can be downloaded for free here.