PVTIME – On April 20, Chinese glass manufacturer Anhui Deli Household Glass Co., Ltd. (hereafter referred to as “Deli”) issued an announcement stating that its subsidiary, Deli Solar, has signed a long-term solar glass supply agreement with 10 wholly-owned subsidiaries of LONGi.
According to PVInfoLink’s spot price published on April 21, the average prices for 3.2mm and 2.0mm solar glass are 28 yuan/m2 and 22 yuan/m2. Based on this, the total contract amount is estimated to be 5.531 billion yuan (excluding tax, this calculation does not constitute a price commitment). It is worth noting that Deli’s main business income in 2020 was 783 million yuan.
The duration of the contract was not stated in the announcement.