Huasun Energy has been selected as one of China’s State Power Investment Corporation (SPIC)’s approved heterojunction cell and module suppliers.
The SPIC supplier list includes 82 companies for N-type TOPCon/P-type PV cell and module supply, together with 11 manufacturers for the provision of N-type HJT/tandem products.
With its excellent product performance and market reputation, Huasun has gained the support of a number of large state-owned organisations this year, including China Huaneng, China Datang and now SPIC.
As the demand for PV products with higher conversion efficiency and longer lifespans continues to grow, N-type technology is showing strong development momentum. According to industry statistics, the share of N-type modules in bidding for domestic ground-mounted PV projects has rapidly increased from less than 5% last year to nearly 40% as of July this year, indicating a continuous rise in acceptance of N-type technology.
According to China’s Photovoltaic Industry Association (CPIA), the market share for HJT solar cells is expected to grow from 2.6% in 2023 to 34.3% by 2030, positioning HJT as a cornerstone of the future PV industry.
Huasun chairman and CEO Jimmy Xu commented: “Huasun is not the only company in the HJT field, but our goal is to keep leading the industry.” As the first company to simultaneously integrate the entire HJT value chain—from specialized silicon wafers and cells to modules—Huasun has achieved self-surpassing innovation, while increasing product power output from 475W to 750.54W and improving cell efficiency from 24.5% to over 26%.