Aiko Solar Signs Silicon Wafer Procurement Framework Contract With Gaojing Solar

PVTIME – Aiko Solar announced that its subsidiaries Guangdong Aiko Technology, Zhejiang Aiko Solar Technology, and Tianjin Aiko Solar Technology have signed a wafer procurement framework contract with Guangdong Gaojing Solar Technology Company Ltd. subsidiary Guangdong Jinwan Gaojing Solar Technology.

According to the framework agreement, Aiko Solar plans to purchase 35 million pieces of large-size monocrystalline silicon wafers from Jinwan Gaojing from June to July 2021. The estimated value of the contract is 210 million yuan and the price is subject to a monthly order agreement.

Aiko currently has three production bases for high-efficiency PERC cells respectively in Foshan of Guangdong, Yiwu of Zhejiang, and Tianjin, the combined production capacity of these bases is expected to reach 36GW by the end of 2021.