Canadian Solar (CSIQ) has signed two long term supply contracts with GCL Silicon Tech strengthening its polysilicon and wafer supply chain. Under terms of the deal, GCL Silicon will supply CSIQ with 500 metric tons of polysilicon this year and next and nearly 2 GW of wafers from 2010 to 2015
"These two contracts help us to further secure our supply chain with strong suppliers at favorable long-term contract prices," Canadian Solar Chief Executive Shawn … Read the rest
Suntech Power (STP) has entered into a silicon wafer supply agreement with GCL Silicon to purchase 9420 metric tons of polysilicon and 1.1 gigawatts of silicon wafers from GCL between 2008 and 2012. Suntech has now secured about 1 GW of silicon for next year. Tight supplies have hampered the industry but its expected to ease a bit by the end of year.
“These agreements with GCL Silicon will greatly strengthen our silicon pipeline and … Read the rest
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