Table of Content Chapter 1 Executive Summary Chapter 2 Abbreviation and Acronyms Chapter 3 Preface 3.1 Research Scope 3.2 Research Methodology 3.2.1 Primary Sources 3.2.2 Secondary Sources 3.2.3 Assumptions Chapter 4 Market Landscape 4.1 Market Overview 4.2 Classification/Types 4.3 Application/End Users Chapter 5 Market Trend Analysis 5.1 Introduction 5.2 Drivers 5.3 Restraints 5.4 Opportunities 5.5 Threats Chapter 6 Industry Chain Analysis 6.1 Upstream/Suppliers Analysis 6.2 Single Crystalline Silicon Cell Analysis 6.2.1 Technology Analysis 6.2.2 Cost Analysis 6.2.3 Market Channel Analysis 6.3 Downstream Buyers/End Users Chapter 7 Latest Market Dynamics 7.1 Latest News 7.2 Merger and Acquisition 7.3 Planned/Future Project 7.4 Policy Dynamics Chapter 8 Trading Analysis 8.1 Export of Single Crystalline Silicon Cell by Region 8.2 Import of Single Crystalline Silicon Cell by Region 8.3 Balance of Trade Chapter 9 Historical and Current Single Crystalline Silicon Cell in North America (2013-2018) 9.1 Single Crystalline Silicon Cell Supply 9.2 Single Crystalline Silicon Cell Demand by End Use 9.3 Competition by Players/Suppliers 9.4 Type Segmentation and Price 9.5 Key Countries Analysis 9.5.1 US 9.5.2 Canada 9.5.3 Mexico Chapter 10 Historical and Current Single Crystalline Silicon Cell in South America (2013-2018) 10.1 Single Crystalline Silicon Cell Supply 10.2 Single Crystalline Silicon Cell Demand by End Use 10.3 Competition by Players/Suppliers 10.4 Type Segmentation and Price 10.5 Key Countries Analysis 10.5.1 Brazil 10.5.2 Argentina 10.5.3 Chile 10.5.4 Peru Chapter 11 Historical and Current Single Crystalline Silicon Cell in Asia & Pacific (2013-2018) 11.1 Single Crystalline Silicon Cell Supply 11.2 Single Crystalline Silicon Cell Demand by End Use 11.3 Competition by Players/Suppliers 11.4 Type Segmentation and Price 11.5 Key Countries Analysis 11.5.1 China 11.5.2 India 11.5.3 Japan 11.5.4 South Korea 11.5.5 ASEAN 11.5.6 Australia Chapter 12 Historical and Current Single Crystalline Silicon Cell in Europe (2013-2018) 12.1 Single Crystalline Silicon Cell Supply 12.2 Single Crystalline Silicon Cell Demand by End Use 12.3 Competition by Players/Suppliers 12.4 Type Segmentation and Price 12.5 Key Countries Analysis 12.5.1 Germany 12.5.2 France 12.5.3 UK 12.5.4 Italy 12.5.5 Spain 12.5.6 Belgium 12.5.7 Netherlands 12.5.8 Austria 12.5.9 Poland 12.5.10 Russia Chapter 13 Historical and Current Single Crystalline Silicon Cell in MEA (2013-2018) 13.1 Single Crystalline Silicon Cell Supply 13.2 Single Crystalline Silicon Cell Demand by End Use 13.3 Competition by Players/Suppliers 13.4 Type Segmentation and Price 13.5 Key Countries Analysis 13.5.1 Egypt 13.5.2 Iran 13.5.3 Israel 13.5.4 South Africa 13.5.5 GCC 13.5.6 Turkey Chapter 14 Summary for Global Single Crystalline Silicon Cell (2013-2018) 14.1 Single Crystalline Silicon Cell Supply 14.2 Single Crystalline Silicon Cell Demand by End Use 14.3 Competition by Players/Suppliers 14.4 Type Segmentation and Price Chapter 15 Global Single Crystalline Silicon Cell Forecast (2019-2023) 15.1 Single Crystalline Silicon Cell Supply Forecast 15.2 Single Crystalline Silicon Cell Demand Forecast 15.3 Competition by Players/Suppliers 15.4 Type Segmentation and Price Forecast Chapter 16 Analysis of Global Key Vendors 16.1 3M Company (US) 16.1.1 Company Profile 16.1.2 Main Business and Single Crystalline Silicon Cell Information 16.1.3 SWOT Analysis of 3M Company (US) 16.1.4 3M Company (US) Single Crystalline Silicon Cell Sales, Revenue, Price and Gross Margin (2014-2019) 16.2 Arkema Group (France) 16.2.1 Company Profile 16.2.2 Main Business and Single Crystalline Silicon Cell Information 16.2.3 SWOT Analysis of Arkema Group (France) 16.2.4 Arkema Group (France) Single Crystalline Silicon Cell Sales, Revenue, Price and Gross Margin (2014-2019) 16.3 Bridgestone Corporation (Japan) 16.3.1 Company Profile 16.3.2 Main Business and Single Crystalline Silicon Cell Information 16.3.3 SWOT Analysis of Bridgestone Corporation (Japan) 16.3.4 Bridgestone Corporation (Japan) Single Crystalline Silicon Cell Sales, Revenue, Price and Gross Margin (2014-2019) 16.4 dnpSolar (Denmark) 16.4.1 Company Profile 16.4.2 Main Business and Single Crystalline Silicon Cell Information 16.4.3 SWOT Analysis of dnpSolar (Denmark) 16.4.4 dnpSolar (Denmark) Single Crystalline Silicon Cell Sales, Revenue, Price and Gross Margin (2014-2019) 16.5 E. I. du Pont De Nemours and Company (US) 16.5.1 Company Profile 16.5.2 Main Business and Single Crystalline Silicon Cell Information 16.5.3 SWOT Analysis of E. I. du Pont De Nemours and Company (US) 16.5.4 E. I. du Pont De Nemours and Company (US) Single Crystalline Silicon Cell Sales, Revenue, Price and Gross Margin (2014-2019) 16.6 Encapsulantes de Valor Anadido S.A. (Spain) 16.6.1 Company Profile 16.6.2 Main Business and Single Crystalline Silicon Cell Information 16.6.3 SWOT Analysis of Encapsulantes de Valor Anadido S.A. (Spain) 16.6.4 Encapsulantes de Valor Anadido S.A. (Spain) Single Crystalline Silicon Cell Sales, Revenue, Price and Gross Margin (2014-2019) 16.7 Hangzhou First PV M 16.7.1 Company Profile 16.7.2 Main Business and Single Crystalline Silicon Cell Information 16.7.3 SWOT Analysis of Hangzhou First PV M 16.7.4 Hangzhou First PV M Single Crystalline Silicon Cell Sales, Revenue, Price and Gross Margin (2014-2019) ...... ...... Tables and Figures Table Abbreviation and Acronyms List Table Research Scope of Single Crystalline Silicon Cell Report Table Primary Sources of Single Crystalline Silicon Cell Report Table Secondary Sources of Single Crystalline Silicon Cell Report Table Major Assumptions of Single Crystalline Silicon Cell Report Figure Single Crystalline Silicon Cell Picture Table Single Crystalline Silicon Cell Classification Table Single Crystalline Silicon Cell Applications List Table Drivers of Single Crystalline Silicon Cell Market Table Restraints of Single Crystalline Silicon Cell Market Table Opportunities of Single Crystalline Silicon Cell Market Table Threats of Single Crystalline Silicon Cell Market Table Raw Materials Suppliers List Table Different Production Methods of Single Crystalline Silicon Cell Table Cost Structure Analysis of Single Crystalline Silicon Cell Table Key End Users List Table Latest News of Single Crystalline Silicon Cell Market Table Merger and Acquisition List Table Planned/Future Project of Single Crystalline Silicon Cell Market Table Policy of Single Crystalline Silicon Cell Market Table 2014-2024 Regional Export of Single Crystalline Silicon Cell Table 2014-2024 Regional Import of Single Crystalline Silicon Cell Table 2014-2024 Regional Trade Balance Figure 2014-2024 Regional Trade Balance Table 2014-2024 North America Single Crystalline Silicon Cell Market Size (M USD) and Market Volume (Tons) List Figure 2014-2024 North America Single Crystalline Silicon Cell Market Size (M USD) and CAGR Figure 2014-2024 North America Single Crystalline Silicon Cell Market Volume (Tons) and CAGR Table 2014-2024 North America Single Crystalline Silicon Cell Demand (Tons) List by Application Table 2014-2019 North America Single Crystalline Silicon Cell Key Players Sales (Tons) List Table 2014-2019 North America Single Crystalline Silicon Cell Key Players Market Share List Table 2014-2024 North America Single Crystalline Silicon Cell Demand (Tons) List by Type Table 2014-2019 North America Single Crystalline Silicon Cell Price (USD/Ton) List by Type Table 2014-2024 US Single Crystalline Silicon Cell Market Size (M USD) and Market Volume (Tons) List Table 2014-2024 US Single Crystalline Silicon Cell Import & Export (Tons) List Table 2014-2024 Canada Single Crystalline Silicon Cell Market Size (M USD) and Market Volume (Tons) List Table 2014-2024 Canada Single Crystalline Silicon Cell Import & Export (Tons) List Table 2014-2024 Mexico Single Crystalline Silicon Cell Market Size (M USD) and Market Volume (Tons) List Table 2014-2024 Mexico Single Crystalline Silicon Cell Import & Export (Tons) List Table 2014-2024 South America Single Crystalline Silicon Cell Market Size (M USD) and Market Volume (Tons) List Figure 2014-2024 South America Single Crystalline Silicon Cell Market Size (M USD) and CAGR Figure 2014-2024 South America Single Crystalline Silicon Cell Market Volume (Tons) and CAGR Table 2014-2024 South America Single Crystalline Silicon Cell Demand (Tons) List by Application Table 2014-2019 South America Single Crystalline Silicon Cell Key Players Sales (Tons) List Table 2014-2019 South America Single Crystalline Silicon Cell Key Players Market Share List Table 2014-2024 South America Single Crystalline Silicon Cell Demand (Tons) List by Type Table 2014-2019 South America Single Crystalline Silicon Cell Price (USD/Ton) List by Type Table 2014-2024 Brazil Single Crystalline Silicon Cell Market Size (M USD) and Market Volume (Tons) List Table 2014-2024 Brazil Single Crystalline Silicon Cell Import & Export (Tons) List Table 2014-2024 Argentina Single Crystalline Silicon Cell Market Size (M USD) and Market Volume (Tons) List Table 2014-2024 Argentina Single Crystalline Silicon Cell Import & Export (Tons) List Table 2014-2024 Chile Single Crystalline Silicon Cell Market Size (M USD) and Market Volume (Tons) List Table 2014-2024 Chile Single Crystalline Silicon Cell Import & Export (Tons) List Table 2014-2024 Peru Single Crystalline Silicon Cell Market Size (M USD) and Market Volume (Tons) List Table 2014-2024 Peru Single Crystalline Silicon Cell Import & Export (Tons) List Table 2014-2024 Asia & Pacific Single Crystalline Silicon Cell Market Size (M USD) and Market Volume (Tons) List Figure 2014-2024 Asia & Pacific Single Crystalline Silicon Cell Market Size (M USD) and CAGR Figure 2014-2024 Asia & Pacific Single Crystalline Silicon Cell Market Volume (Tons) and CAGR Table 2014-2024 Asia & Pacific Single Crystalline Silicon Cell Demand (Tons) List by Application Table 2014-2019 Asia & Pacific Single Crystalline Silicon Cell Key Players Sales (Tons) List Table 2014-2019 Asia & Pacific Single Crystalline Silicon Cell Key Players Market Share List Table 2014-2024 Asia & Pacific Single Crystalline Silicon Cell Demand (Tons) List by Type Table 2014-2019 Asia & Pacific Single Crystalline Silicon Cell Price (USD/Ton) List by Type Table 2014-2024 China Single Crystalline Silicon Cell Market Size (M USD) and Market Volume (Tons) List Table 2014-2024 China Single Crystalline Silicon Cell Import & Export (Tons) List Table 2014-2024 India Single Crystalline Silicon Cell Market Size (M USD) and Market Volume (Tons) List Table 2014-2024 India Single Crystalline Silicon Cell Import & Export (Tons) List Table 2014-2024 Japan Single Crystalline Silicon Cell Market Size (M USD) and Market Volume (Tons) List Table 2014-2024 Japan Single Crystalline Silicon Cell Import & Export (Tons) List Table 2014-2024 South Korea Single Crystalline Silicon Cell Market Size (M USD) and Market Volume (Tons) List Table 2014-2024 South Korea Single Crystalline Silicon Cell Import & Export (Tons) List Table 2014-2024 ASEAN Single Crystalline Silicon Cell Market Size (M USD) List Table 2014-2024 ASEAN Single Crystalline Silicon Cell Market Volume (Tons) List Table 2014-2024 ASEAN Single Crystalline Silicon Cell Import (Tons) List Table 2014-2024 ASEAN Single Crystalline Silicon Cell Export (Tons) List Table 2014-2024 Australia Single Crystalline Silicon Cell Market Size (M USD) and Market Volume (Tons) List Table 2014-2024 Australia Single Crystalline Silicon Cell Import & Export (Tons) List Table 2014-2024 Europe Single Crystalline Silicon Cell Market Size (M USD) and Market Volume (Tons) List Figure 2014-2024 Europe Single Crystalline Silicon Cell Market Size (M USD) and CAGR Figure 2014-2024 Europe Single Crystalline Silicon Cell Market Volume (Tons) and CAGR Table 2014-2024 Europe Single Crystalline Silicon Cell Demand (Tons) List by Application Table 2014-2019 Europe Single Crystalline Silicon Cell Key Players Sales (Tons) List Table 2014-2019 Europe Single Crystalline Silicon Cell Key Players Market Share List Table 2014-2024 Europe Single Crystalline Silicon Cell Demand (Tons) List by Type Table 2014-2019 Europe Single Crystalline Silicon Cell Price (USD/Ton) List by Type Table 2014-2024 Germany Single Crystalline Silicon Cell Market Size (M USD) and Market Volume (Tons) List Table 2014-2024 Germany Single Crystalline Silicon Cell Import & Export (Tons) List Table 2014-2024 France Single Crystalline Silicon Cell Market Size (M USD) and Market Volume (Tons) List Table 2014-2024 France Single Crystalline Silicon Cell Import & Export (Tons) List Table 2014-2024 UK Single Crystalline Silicon Cell Market Size (M USD) and Market Volume (Tons) List Table 2014-2024 UK Single Crystalline Silicon Cell Import & Export (Tons) List Table 2014-2024 Italy Single Crystalline Silicon Cell Market Size (M USD) and Market Volume (Tons) List Table 2014-2024 Italy Single Crystalline Silicon Cell Import & Export (Tons) List Table 2014-2024 Spain Single Crystalline Silicon Cell Market Size (M USD) and Market Volume (Tons) List Table 2014-2024 Spain Single Crystalline Silicon Cell Import & Export (Tons) List Table 2014-2024 Belgium Single Crystalline Silicon Cell Market Size (M USD) and Market Volume (Tons) List Table 2014-2024 Belgium Single Crystalline Silicon Cell Import & Export (Tons) List Table 2014-2024 Netherlands Single Crystalline Silicon Cell Market Size (M USD) and Market Volume (Tons) List Table 2014-2024 Netherlands Single Crystalline Silicon Cell Import & Export (Tons) List Table 2014-2024 Austria Single Crystalline Silicon Cell Market Size (M USD) and Market Volume (Tons) List Table 2014-2024 Austria Single Crystalline Silicon Cell Import & Export (Tons) List Table 2014-2024 Poland Single Crystalline Silicon Cell Market Size (M USD) and Market Volume (Tons) List Table 2014-2024 Poland Single Crystalline Silicon Cell Import & Export (Tons) List Table 2014-2024 Russia Single Crystalline Silicon Cell Market Size (M USD) and Market Volume (Tons) List Table 2014-2024 Russia Single Crystalline Silicon Cell Import & Export (Tons) List Table 2014-2024 MEA Single Crystalline Silicon Cell Market Size (M USD) and Market Volume (Tons) List Figure 2014-2024 MEA Single Crystalline Silicon Cell Market Size (M USD) and CAGR Figure 2014-2024 MEA Single Crystalline Silicon Cell Market Volume (Tons) and CAGR Table 2014-2024 MEA Single Crystalline Silicon Cell Demand (Tons) List by Application Table 2014-2019 MEA Single Crystalline Silicon Cell Key Players Sales (Tons) List Table 2014-2019 MEA Single Crystalline Silicon Cell Key Players Market Share List Table 2014-2024 MEA Single Crystalline Silicon Cell Demand (Tons) List by Type Table 2014-2019 MEA Single Crystalline Silicon Cell Price (USD/Ton) List by Type Table 2014-2024 Egypt Single Crystalline Silicon Cell Market Size (M USD) and Market Volume (Tons) List Table 2014-2024 Egypt Single Crystalline Silicon Cell Import & Export (Tons) List Table 2014-2024 Iran Single Crystalline Silicon Cell Market Size (M USD) and Market Volume (Tons) List Table 2014-2024 Iran Single Crystalline Silicon Cell Import & Export (Tons) List Table 2014-2024 Israel Single Crystalline Silicon Cell Market Size (M USD) and Market Volume (Tons) List Table 2014-2024 Israel Single Crystalline Silicon Cell Import & Export (Tons) List Table 2014-2024 South Africa Single Crystalline Silicon Cell Market Size (M USD) and Market Volume (Tons) List Table 2014-2024 South Africa Single Crystalline Silicon Cell Import & Export (Tons) List Table 2014-2024 GCC Single Crystalline Silicon Cell Market Size (M USD) and Market Volume (Tons) List Table 2014-2024 GCC Single Crystalline Silicon Cell Import & Export (Tons) List Table 2014-2024 Turkey Single Crystalline Silicon Cell Market Size (M USD) and Market Volume (Tons) List Table 2014-2024 Turkey Single Crystalline Silicon Cell Import & Export (Tons) List Table 2014-2019 Global Single Crystalline Silicon Cell Market Size (M USD) List by Region Table 2014-2019 Global Single Crystalline Silicon Cell Market Size Share List by Region Table 2014-2019 Global Single Crystalline Silicon Cell Market Volume (Tons) List by Region Table 2014-2019 Global Single Crystalline Silicon Cell Market Volume Share List by Region Table 2014-2019 Global Single Crystalline Silicon Cell Demand (Tons) List by Application Table 2014-2019 Global Single Crystalline Silicon Cell Demand Market Share List by Application Table 2014-2019 Global Single Crystalline Silicon Cell Capacity (Tons) List Table 2014-2019 Global Single Crystalline Silicon Cell Key Vendors Capacity Share List Table 2014-2019 Global Single Crystalline Silicon Cell Key Vendors Production (Tons) List Table 2014-2019 Global Single Crystalline Silicon Cell Key Vendors Production Share List Figure 2014-2019 Global Single Crystalline Silicon Cell Capacity Production and Growth Rate Table 2014-2019 Global Single Crystalline Silicon Cell Key Vendors Production Value (M USD) List Figure 2014-2019 Global Single Crystalline Silicon Cell Production Value (M USD) and Growth Rate Table 2014-2019 Global Single Crystalline Silicon Cell Key Vendors Production Value Share List Table 2014-2019 Global Single Crystalline Silicon Cell Demand (Tons) List by Type Table 2014-2019 Global Single Crystalline Silicon Cell Demand Market Share List by Type Table 2014-2019 Regional Single Crystalline Silicon Cell Price (USD/Ton) List Table 2019-2024 Global Single Crystalline Silicon Cell Market Size (M USD) List by Region Table 2019-2024 Global Single Crystalline Silicon Cell Market Size Share List by Region Table 2019-2024 Global Single Crystalline Silicon Cell Market Volume (Tons) List by Region Table 2019-2024 Global Single Crystalline Silicon Cell Market Volume Share List by Region Table 2019-2024 Global Single Crystalline Silicon Cell Demand (Tons) List by Application Table 2019-2024 Global Single Crystalline Silicon Cell Demand Market Share List by Application Table 2019-2024 Global Single Crystalline Silicon Cell Capacity (Tons) List Table 2019-2024 Global Single Crystalline Silicon Cell Key Vendors Capacity Share List Table 2019-2024 Global Single Crystalline Silicon Cell Key Vendors Production (Tons) List Table 2019-2024 Global Single Crystalline Silicon Cell Key Vendors Production Share List Figure 2019-2024 Global Single Crystalline Silicon Cell Capacity Production and Growth Rate Table 2019-2024 Global Single Crystalline Silicon Cell Key Vendors Production Value (M USD) List Figure 2019-2024 Global Single Crystalline Silicon Cell Production Value (M USD) and Growth Rate Table 2019-2024 Global Single Crystalline Silicon Cell Key Vendors Production Value Share List Table 2019-2024 Global Single Crystalline Silicon Cell Demand (Tons) List by Type Table 2019-2024 Global Single Crystalline Silicon Cell Demand Market Share List by Type Table 2019-2024 Regional Single Crystalline Silicon Cell Price (USD/Ton) List Table 3M Company (US) Information List Table SWOT Analysis of 3M Company (US) Table 2014-2019 3M Company (US) Single Crystalline Silicon Cell Product Capacity Production (Tons) Price Cost (USD/Ton) Production Value (M USD) List Figure 2014-2019 3M Company (US) Single Crystalline Silicon Cell Capacity Production (Tons) and Growth Rate Figure 2014-2019 3M Company (US) Single Crystalline Silicon Cell Market Share Table Arkema Group (France) Information List Table SWOT Analysis of Arkema Group (France) Table 2014-2019 Arkema Group (France) Single Crystalline Silicon Cell Product Capacity Production (Tons) Price Cost (USD/Ton) Production Value (M USD) List Figure 2014-2019 Arkema Group (France) Single Crystalline Silicon Cell Capacity Production (Tons) and Growth Rate Figure 2014-2019 Arkema Group (France) Single Crystalline Silicon Cell Market Share Table Bridgestone Corporation (Japan) Information List Table SWOT Analysis of Bridgestone Corporation (Japan) Table 2014-2019 Bridgestone Corporation (Japan) Single Crystalline Silicon Cell Product Capacity Production (Tons) Price Cost (USD/Ton) Production Value (M USD) List Figure 2014-2019 Bridgestone Corporation (Japan) Single Crystalline Silicon Cell Capacity Production (Tons) and Growth Rate Figure 2014-2019 Bridgestone Corporation (Japan) Single Crystalline Silicon Cell Market Share Table dnpSolar (Denmark) Information List Table SWOT Analysis of dnpSolar (Denmark) Table 2014-2019 dnpSolar (Denmark) Single Crystalline Silicon Cell Product Capacity Production (Tons) Price Cost (USD/Ton) Production Value (M USD) List Figure 2014-2019 dnpSolar (Denmark) Single Crystalline Silicon Cell Capacity Production (Tons) and Growth Rate Figure 2014-2019 dnpSolar (Denmark) Single Crystalline Silicon Cell Market Share Table E. I. du Pont De Nemours and Company (US) Information List Table SWOT Analysis of E. I. du Pont De Nemours and Company (US) Table 2014-2019 E. I. du Pont De Nemours and Company (US) Single Crystalline Silicon Cell Product Capacity Production (Tons) Price Cost (USD/Ton) Production Value (M USD) List Figure 2014-2019 E. I. du Pont De Nemours and Company (US) Single Crystalline Silicon Cell Capacity Production (Tons) and Growth Rate Figure 2014-2019 E. I. du Pont De Nemours and Company (US) Single Crystalline Silicon Cell Market Share Table Encapsulantes de Valor Anadido S.A. (Spain) Information List Table SWOT Analysis of Encapsulantes de Valor Anadido S.A. (Spain) Table 2014-2019 Encapsulantes de Valor Anadido S.A. (Spain) Single Crystalline Silicon Cell Product Capacity Production (Tons) Price Cost (USD/Ton) Production Value (M USD) List Figure 2014-2019 Encapsulantes de Valor Anadido S.A. (Spain) Single Crystalline Silicon Cell Capacity Production (Tons) and Growth Rate Figure 2014-2019 Encapsulantes de Valor Anadido S.A. (Spain) Single Crystalline Silicon Cell Market Share Table Hangzhou First PV M Information List Table SWOT Analysis of Hangzhou First PV M Table 2014-2019 Hangzhou First PV M Single Crystalline Silicon Cell Product Capacity Production (Tons) Price Cost (USD/Ton) Production Value (M USD) List Figure 2014-2019 Hangzhou First PV M Single Crystalline Silicon Cell Capacity Production (Tons) and Growth Rate Figure 2014-2019 Hangzhou First PV M Single Crystalline Silicon Cell Market Share ...... ......

3M Company (US), Arkema Group (France), Bridgestone Corporation (Japan), dnpSolar (Denmark), E. I. du Pont De Nemours and Company (US), Encapsulantes de Valor Anadido S.A. (Spain), Hangzhou First PV M