Trina Solar (TSL) Extends Long Term Supply Agreement With GCL-Poly

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07:52:54 am on September 30, 2009

Trina Solar (TSL) has announced this morning that it has extended its eight year supply agreement with GCL-Poly another five years, extending the supply deal through 2020.  GCL-Poly will supply Trina Solar with enough polysilicon and wafers to produce about 8500MW in solar modules over the next 13 years.

“We are very pleased to strengthen our long-term relationship with GCL-Poly by further extending the tenure of the agreement,” said Trina CEO Jifan Gao. “This extension will provide a stable source of high-quality materials as well as support our cost reduction initiatives to solidify our position as a high-quality global integrated PV manufacturer.”

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PVinsights,, expected that polysilicon will be still oversupply in the coming two years. For a 13 years long term contract withour finance concerns, it will be a good strategy to reduce polysilicon supply risk and price dynamics.

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