RELEASE: Huasun signs a framework agreement for the supply of 1.5 GW high-efficiency HJT modules with INERCOM

XUANCHENG, China, April 11, 2023 /PRNewswire/ -- On April 10, Anhui Huasun Energy Co.

RELEASE: Huasun signs a framework agreement for the supply of 1.5 GW high-efficiency HJT modules with INERCOM

XUANCHENG, China, April 11, 2023 /PRNewswire/ -- On April 10, Anhui Huasun Energy Co., Ltd (hereinafter referred to as "Huasun") has once again reached cooperation with INERCOM Ltd (hereinafter referred to as "Huasun"). "INERCOM"), a well-known European EPC company, and has signed a framework agreement for the supply of HJT modules. By the end of 2025, Huasun will supply at least 1.5 GW of Himalaya series ultra-high-efficiency HJT modules for INERCOM's large-scale utility projects in Bulgaria. With this agreement, Huasun becomes the first company in the world to win orders from GW in the field of HJT.

In 2021, Huasun started the first cooperation with INERCOM, supplying 86 MW high-efficiency HJT solar modules to their utility solar project in southern Bulgaria. According to the supply plan, by the end of 2023, Huasun will supply more than 500 MW of HJT solar modules for INERCOM to its projects in Bulgaria.

At the signing ceremony, Varbakov, Director of INERCOM, stated: "We chose Huasun as the exclusive supplier of HJT modules, because they have provided us with a great guarantee in terms of product quality, technical performance and deliverability. We are very happy. to establish a long relationship with Huasun and we hope that both of us can continue to strengthen ties, support each other and explore the international market together."

"INERCOM has been deeply involved in the Bulgarian market for decades and has been involved in the development and construction of photovoltaic projects in many regions," said Dan Zhou, CEO of Huasun. "It is the first company to use HJT modules on a large scale at an early stage in Europe, which indicates that HJT has very broad prospects and significant value in Europe. During the long-term and stable collaboration, Huasun has gained great recognition by INERCOM.Huasun will persistently concentrate on the product concept of higher power, higher efficiency and higher income.With high-quality solutions, Huasun will continue to deepen its presence in the global market and promote the high-quality development of the industry, for its global distribution to reach a new level".

About Huasun Energy

Anhui Huasun Energy Co., Ltd was founded in July 2020, focusing on the development and application of HJT solar cells and modules, as well as their large-scale production. Since its establishment, Huasun has simultaneously deployed the research and development of technologies such as single-sided microcrystalline, double-sided microcrystalline, HBC, silver-clad copper, copper electroplating, and perovskite-heterojunction stacked cells. The company will unswervingly promote the industrialization and commercialization of HJT technology, study and practice more efficient and lower-carbon solar technology, bring efficient solar energy into everyone's lives, and make homes more livable and beautiful.

On February 28, 2023, BloombergNEF announced the ranking of global PV module manufacturers for the first quarter of 2023. With excellent product performance, reliable brand credibility, and strong financing ability, Huasun was listed as Tier 1 solar module manufacturers. In this list, Huasun is the only company that focuses on HJT technology and is also the first company to enter the list with only heterojunction projects. Furthermore, Huasun is the youngest company on the list.

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