Dinto Solar wins bid in China Datang's 1 GW HJT module procurement
A new 1 GW solar module procurement shifts demand toward HJT solar modules and expands near-term supply of solar equipment.
Source →The trace
How it reaches your house.
Starting from Tongwei Co., Ltd., we walked the supply graph hop by hop to the goods you buy and the companies you own. Each step is the engine’s reasoning, scored for confidence and cited where a source backs it.
First impact
Tongwei Co., Ltd. →Prices riseA 1 GW HJT module procurement lifts upstream demand for crystalline-silicon inputs, and Tongwei's 26% share with long replacement lead times makes solar-grade polysilicon prices somewhat firmer.
63% confidenceTongwei Co., Ltd. →Prices riseSolar-Grade Polysilicon (9N Purity)
A 1 GW shift toward HJT modules can raise demand for solar-grade polysilicon, and Tongwei’s 26% market share plus 12-month replacement lead time make upward price pressure plausible.
63% confidenceDaqo New Energy Corp. →Prices riseChina Datang's dedicated 1 GW HJT procurement signals more downstream PV module demand, which should modestly lift demand and pricing for Daqo's solar-grade polysilicon output.
Hop 2
Solar-Grade Polysilicon →Stands to benefitChina accounts for 93.5% of the supplied solar-grade polysilicon here, so the demand shift toward HJT modules should most strongly benefit Chinese producers.
80% confidenceSolar-Grade Polysilicon →Stands to benefitTongwei Co., Ltd.600438.SS
Tongwei is the largest listed polysilicon supplier on this edge at 26% share, so stronger HJT module procurement should raise demand for its output.
78% confidenceSolar-Grade Polysilicon →Stands to benefitHop 3
GCL Technology Holdings →Prices riseGCL supplies a sizable share of solar-grade polysilicon, so a procurement shift toward HJT module production should lift upstream polysilicon demand and support prices.
55% confidence