China-based Tongwei and UK-based GoldenPeaks Capital (GPC) have signed a 508 MW PV module supply agreement for projects in Hungary and Poland. The collaboration focuses on providing high-efficiency PV modules to support the renewable energy transition in these countries. Hungary and Poland have intensified solar power development, aligning with the European Green Deal and increasing clean energy demand. Political support and market forces have accelerated solar installations, making these regions key players in Europe’s energy transition. Tongwei’s advanced PV modules have been chosen to ensure reliability and efficiency in these rapidly growing solar markets. This partnership reflects efforts to meet Europe’s renewable energy goals and provide clean, reliable energy for the future. The agreement was finalized on December 16, 2024.