Search

Solar

Thursday
15 Aug 2024

Rising Star in Photovoltaics: Grand Sunergy Gains Momentum, Secures Major State-Owned Contracts

15 Aug 2024  by PR   
Guosheng Shian Technology Co., Ltd. (referred to as "Grand Sunergy ", stock code: 603778) a rising star in the photovoltaic industry, continues to solidify its leadership by securing significant contracts and consistently outperforming in centralized procurement projects. The official announcement of the winning bids for the 2024-2025 2GW heterojunction(HJT) photovoltaic module equipment procurement by CNNP Rich Energy Co., Ltd. and Xinhua Hydropower Company Ltd. highlights Grand Sunergy's growing influence. Once again, Grand Sunergy has successfully secured a key project from a central state-owned enterprise, demonstrating its continued dominance in the sector.

Only in the first half of 2024, Grand Sunergy has disclosed contract signings totaling an impressive RMB 1.452 billion:

CGN Yantai Zhaoyuan Offshore Photovoltaic Project: Grand Sunergy signed a contract valued at RMB 539 million (including tax) with China Energy Construction Group Northwest Survey and Design Research Institute Co., Ltd. for the procurement of photovoltaic module equipment for this 400MW project.

CGN Laizhou Tushan Salt-PV Complementary Photovoltaic Power Generation Project: Grand Sunergy secured a contract worth RMB 749 million (including tax) with China Energy Construction Group South Survey and Design Research Institute Co., Ltd. for the EPC general contracting project of this 600MW initiative.

CGDG Ruoqiang Photovoltaic Phase II Project: Grand Sunergy signed a RMB 164 million (including tax) contract with China Construction Second Engineering Bureau Ltd. for the supply of HJT photovoltaic modules for this 4GW project.

Continuing its momentum, Grand Sunergy has also secured spots in several other high-profile projects, including the 2024-2025 photovoltaic module and BIPV integration supplier procurement by PCG Power, the joint centralized procurement for photovoltaic module equipment by China Construction Zhonghuan Eco-Environmental Technology Co., Ltd., and the 2024-2025 2GW HJT photovoltaic module equipment procurement by CNNP Rich Energy Co., Ltd. and Xinhua Hydropower Company Ltd.

Over the past two years, the HJT sector has experienced rapid growth, with Grand Sunergy at the forefront. The company’s HJT products have consistently earned recognition from central and state-owned enterprise clients, leading to a continuous increase in market share and brand influence.

According to statistical analysis that the bidding and procurement capacity for HJT technology product has reached approximately 8.21GW in 2024 H1. As procurement activities ramp up in 2024 H2 to 2025, HJT product is expected to attract even more orders from central state-owned enterprises, further demonstrating the growing confidence in the maturity of this technology and the capabilities of Grand Sunergy as a leading HJT cells and module manufacturer.

Keywords

More News

Loading……