2.846 Billion Yuan! Shenzhen S.C Bags Tongwei’s PV Equipment Order

PVTIME – On 8 November 2023, Shenzhen S.C New Energy Technology Corporation (hereinafter referred to as Shenzhen S.C or the Company) (300724.SZ), a fast-developing new energy equipment manufacturer with R&D capabilities in equipment and process, announced that both it and its subsidiaries have entered into a twelve-month solar cell production supply agreement with Tongwei’s subsidiaries. The agreement has a cumulative worth of 2.846 billion yuan (inclusive of tax) and accounts for 51.34% of Shenzhen S.C’s audited main business income for 2022.

Moreover, Shenzhen S.C recently declared that its G12-132 heterojunction module has achieved a new TÜV standard, with an average power of 720.65W and an average conversion efficiency of 23.2%, both of which have been certified by TÜV, the trustworthy third-party testing and certification organisation. The aim of developing HJT technology is to allow for large scale production of solar cells and modules with greater performance and conversion efficiency. Shenzhen S.C’s development plan anticipates an average power output of 725W for the G12-132 module, potentially reaching as high as 730W, by the end of 2023.

Furthermore, Shenzhen S.C is engaging on various technologies in photovoltaic cells, such as TOPCon, HJT, XBC, perovskite, and tandem ones, in order to improve efficiency and reduce costs.

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