GCL-Poly Energy Holdings Limited (“GCL-Poly”, stock code: 3800.HK) today announced that it has signed long-term supply contracts with Jinko Solar (NYSE: JKS), GD Solar, Tongwei Solar, and Hareon Solar (SHA: 600401).
According to the agreements, GCL will supply approximately 9.3GW of high efficiency wafers and polysilicon materials to these companies between 2014 – 2016 and GCL will receive certain amount of advanced deposits. At the same time, GCL will co-operate with these companies in the areas of R&D and supply chain management.
“As the world’s leading polysilicon and high efficiency wafer producer, GCL has strong technological capabilities and market influence.” said Mr. Shu Hua, Executive President of GCL-Poly, “We are pleased to co-operate with these leading solar manufacturers to maximize the efficiency of solar products. We will continue to work with our best customers to further promote the global advancement of green energy.”
About JinkoSolar Holdings Co., Ltd.
JinkoSolar (NYSE: JKS) is a leading vertically integrated solar products manufacturer in China.
About GD Solar
GD Solar is a wholly owned subsidiary of Guodian Technology & Environment Group Corporation Limited. GD Solar is dedicated to solar cell research, production, and solar farm construction projects.
About Tongwei Solar
Tongwei Solar is a wholly owned subsidiary of Tongwei Group. In 2013, Tongwei Group acquired LDK solar and became one of the largest solar cell manufacturers in China.
About Hareon Solar
Hareon Solar Technology Co., Ltd. is one of the largest solar cell manufacturers in the world. Through its subsidiaries, Hareon Solar designs, manufactures and markets solar cells and modules.