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