MEMC Electronic (WFR) announced a $3 billion supply deal with Tawain’s Tainergy Tech over a 10 year period and has the right to buy 10% of Tainergy.  Tempering the good news a bit was the reduction of a deal with Conergy which has been cut from a 10 year $7-8 billion deal to about $4 billion.  All in all, a wash today for MEMC Electronic