Huasun Energy has secured a major bid for China Datang Corporation Ltd.’s 2024-2025 procurement of 1 GW HJT PV modules. The company has also secured bids for state-owned enterprise projects this year, including a 500 MW HJT module procurement for China Huaneng Group Co., Ltd. and a 3.5 GW procurement for China Green Development Investment Group. The company says strong customer collaborations and market expansion strategies have supported its revenue, market share, and supply chain stability. Huasun, alongside other companies, has achieved breakthroughs exceeding 750 W+ in module power and 26.15% in cell efficiency, amidst declining industrial chain prices.
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