Aiko signs 650MW module supply agreement with Dutch distributor

Chinese solar cell manufacturer Aiko signed a 650MW module supply agreement with LIBRA, a residential distributor and comprehensive solar PV service provider in the Netherlands, reported China Securities Journal Tuesday.

Aiko's new-generation All Back Contact (ABC) module features aesthetic value and high efficiency, with a delivery rate of as high as 24 percent. The collaboration with LIBRA not only increases Aiko's presence in the European market, but also brings new growth opportunities for the company, according to Aiko.

In the first half of 2023, the company registered a total operating revenue of 16.48 billion yuan, up 3.09 percent year on year. The net profit attributable to the parent company reached 1.309 billion yuan, a year-on-year increase of 119.6 percent. 

The company achieved a sales volume of approximately 18.7GW for batteries and modules. Among these products, the PERC battery remains at full production and sales capacity, the 6.5GW high-efficiency ABC battery has reached full production capacity in Zhuhai, south China's Guangdong Province, while the supporting module capacity is gradually being put into operation. (Edited by Yang Linlin, linlinyanglyn@163.com)