According to Tongwei Co., Ltd.'s announcement on April 8

the company's module business continued its high-speed growth in 2024

with annual shipments reaching 45.71 GW

a year-on-year increase of 46.91%

As the first Fortune 500 company

in the global PV industry

since the first quarter of this year

Tongwei's high-efficiency modules have been deployed across

Eastern Europe, Italy, Pakistan

the Netherlands, South Africa, France, and other regions

allowing the PV, a hallmark of China

continuously shine on the global map

During the PV exhibition in Poland

Tongwei signed a 100 MW PV project cooperation agreement

with R.Power S.A.

and a 200 MW distribution cooperation agreement

with KENO, the largest distributor in Poland

Martyna, Purchasing Director of KENO, stated that

the cooperation with Tongwei

is an important strategic upgrade for KENO

Tongwei's TNC 2.0 series products

represent the top technology in the global PV industry

and will provide strong support for the market

Through cooperation with Tongwei

they not only jointly provide efficient energy solutions

but also reach an important consensus on promoting the green energy transition in Eastern Europe

and achieving carbon neutrality goals

As a pioneer in renewable energy in Europe

Italy plans to increase its PV installed capacity

to 80 GW by 2030

Tongwei

signed an annual framework cooperation agreement with

X-WIN S.r.l.

an Italian PV module distributor

and a 200 MW

high-efficiency PV module supply agreement

with Coenergia, the largest PV distributor in Italy

To meet the urgent demand for

"high-efficiency, high-power" modules in the Italian market

Tongwei TNC 2.0 has achieved performance breakthroughs

through four major technological upgrades

significantly improving module conversion efficiency

and providing valuable solutions for the Italian market

Davide Orciani, President of X-WIN, stated that

the cooperation with Tongwei is not only a business choice

but also an adherence to the mission of sustainable development

not just the delivery of modules

but also the joint sowing of a green future

In recent years, Pakistan has prioritized green development

and accelerated the transformation of its energy structure

It is expected that by the end of 2025

the cumulative installed capacity of solar power generation

in Pakistan will reach 5 GW

Tongwei has joined hands with Perfect Services

Nimir Energy 、Mateen Sons

and entered into strategic collaborations

signing agreements for a total of 650MW

of PV module supply

Leveraging its robust R&D capabilities and technological expertise

Tongwei has provided "tailor-made" solutions

to address the unique high-radiation and extreme temperature conditions

of Pakistan's high-altitude regions

effectively meeting the specific needs of the local market

Furthermore, Tongwei has signed an agreement for the supply of high-efficiency PV modules with

Generation Green

a renowned Dutch renewable energy company

The agreement involves the supply of TNC-G12 66HD

high-efficiency PV modules

for a ground-mounted project in the Netherlands

Once connected to the grid

the project is expected to reduce

carbon dioxide emissions by 28,700 tons annually

equivalent to planting 157 hectares of forest

The founder of Generation Green

Joost Van Der Plas stated that

Tongwei's technological prowess and supply chain management capabilities

will provide us with long-term competitive advantages

and will jointly promote the energy transition

in the Netherlands and throughout Europe

In South Africa

Solar&Storage Live Africa

exhibition

Tongwei and Hangzhou Hexing Electrical Technology Co., Ltd.

reached a 550MW PV module supply agreement

This marks the fourth collaboration between the two companies

further deepening their strategic partnership in the South African market

The signing of this cooperation agreement

not only increases the scale of cooperation between the two parties

but also strongly promotes the development of the renewable energy industry

in South Africa and the entire Southern African region

Tongwei and POwR CONNECT

has forged a 150MW annual framework agreement

BayWa r.e. Solar Systems SAS

has also reached a strategic cooperation framework agreement with Tongwei

The signing of this strategic cooperation framework agreement

further promotes the cooperation between the two parties

in the French distribution market

Both parties have expressed that

with the increasing market demand for

high-quality PV solutions

technological innovation will be key

to meeting future needs

The cooperation surrounding the TNC 2.0 module

is the best annotation of this consensus

Amidst the global PV industry's rapid advancement

towards high efficiency and reduced electricity costs

Tongwei is driving continuous upgrades in high-efficiency modules

Through innovative technological breakthroughs

and deep market adaptation

Tongwei is further enhancing the full lifecycle

power generation efficiency and return on investment of our modules

This approach delivers higher-value

PV solutions to the global market

earning the trust and recognition of our worldwide customers

The future development space

for the PV industry is vast

Tongwei will proactively adapt to industry trends

and the development of new quality productive forces

remain committed to providing

efficient and stable products and services

and deepen cooperation with global partners

to jointly create a mutually beneficial and prosperous future