- JinkoSolar and Wacker reach deal for polysilicon supply.
- Wacker will supply over 75,000 tonnes of polysilicon over five years.
Chinese solar module manufacturer JinkoSolar has reached a deal with Munich-based chemical company Wacker Chemie to procure over 70,000 tonnes of polysilicon. The long-term polysilicon supply agreement will see Wacker supply JinkoSolar with polysilicon from September 2021 to December 2026 from its production facilities in Germany and the US. The purchase will be priced at the market costs of polysilicon.
Kangping Chen, CEO of JinkoSolar stated: “by locking in over 70,000 tons of polysilicon from Wacker, we will ensure the reliability of the manufacturing of our products from a high-quality raw material source, as well as the stable supply of our high-efficiency products to our global clients.”