On 11 March 2024, Zhejiang Ming Jewelry Co., Ltd. (Mingr, SZ：002574), is pleased to announce that Zhejiang Riyue Solar Energy Technology Co., Ltd.(Lunisolar), a wholly-owned subsidiary of Mingr, which is principally engaged in the production and sale of TOPCon solar cells, has signed a supply agreement with Trina Solar, the world’s leading provider of integrated PV and smart energy solutions.

Lunisolar will supply approximately 1.3 billion pieces of TOPCon bificial 210 cells to Trina Solar and four of its subsidiaries from 2024 to 2026, with an estimated value of 5.8 billion yuan.

As a luxury jewellery company, Mingr started its renewable energy business in February 2023 through a PV smart factory in Shaoxing City, Zhejiang Province of China. The project is designed to reach a production capacity of 20GW per year with a total investment of 10 billion yuan, of which 6.5 billion yuan is invested in fixed assets. The first phase will produce 10GW of TOPCon solar cells, while the second phase will produce a further 6GW of TOPCon cells and 4GW of HJT cells.

（Picture: Veer）