8 Billion Yuan! Astronergy and FGG Ink for Rolled PV Glass and Further Cooperation

PVTIME – Flat Glass Group Co. (FGG)(601865.SH, 06865.HK), a leading Chinese solar PV glass manufacturer, announced on 6 April 2023 that it has signed a photovoltaic glass purchase and sales contract with Astronergy (Chint) and its subsidiaries.

Under the terms of the contract, FGG will supply approximately 378 million square metres of rolled photovoltaic glass to Astronergy and its subsidiaries from July 2023 to December 2025, with an estimated total value of 8.051 billion yuan.

The two sides also signed a strategic cooperation agreement after exchanging views on the development potential of the photovoltaic market. Both sides agreed to make full use of their advantages in various ways in the solar PV industry to achieve stable win-win cooperation and jointly promote the high-quality development of both sides.