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China-based ReneSola signs 3-year solar wafer supply contracts with Neo Solar and Solartech


Nuying Huang, Taipei; Willie Teng, DIGITIMES [Monday 23 August 2010]

China-based solar wafer maker ReneSola has announced the signing of three-year wafer supply agreements with Taiwan solar cell producers Neo Solar Power and Solartech Energy.

ReneSola has agreed to supply 434MWp of solar wafers to Neo Solar over the next three years, of which 141MWp will be monocrystalline silicon (mono-Si) wafers, the China-based company said. Solartech will procure up to 402MWp of polycrystalline silicon (poly-Si) over the same period.

ReneSolar is expected to ramp up wafer capacity to 1.8GWp in 2011 from 1.2GWp currently, and solar cell capacity to 600MWp from 374MWp, the company announced.

ReneSolar shipped 258MWp in the second quarter, up 200.7% on year and 6.6% sequentially. Gross margin for the quarter rose to 30.2% from 17.1% in the first quarter and 5.1% in 2009. For the third quarter, it projects shipments to reach 280-310MWp and revenues of US$300-320 million.
 
aus der Diskussion: Solartech Energy - taiwanesischer Zellhersteller
Autor (Datum des Eintrages): R-BgO  (24.08.10 20:08:27)
Beitrag: 10 von 13 (ID:40038528)
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