Chinese PV Industry Brief: Tongwei gets $5.4 billion polysilicon order from Longi

Tongwei has agreed to provide more than 862,400 tons of polysilicon to Longi from 2024 to 2026. Tongwei has revealed that its six subsidiaries have signed a monocrystalline polysilicon material sales agreement with nine subsidiaries of Longi. The terms of the agreement state that between 2024 and 2026, Longi will procure a minimum of 862,400 tons of polysilicon from Tongwei. The pricing for this transaction will be subject to monthly negotiations between the parties. Based on the latest domestic n-type silicon transactional price of CNY 45,300 ($6,265) per ton announced by the China Nonferrous ...

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