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Trina Solar inks supply agreement with Silfab

Posted: 29 Apr 2008 ?? ?Print Version ?Bookmark and Share

Keywords:solar module? polysilicon? supply agreement?

China-based manufacturer of solar photovoltaic products Trina Solar Ltd has signed a long-term polysilicon supply agreement with Silfab S.p.A.

Under the agreement, Silfab will supply Trina Solar with virgin polysilicon sufficient to produce approximately 225MW of solar modules in aggregate over six years. Delivery of polysilicon at predetermined prices will start in Q1 of 2010.

"This long-term supply agreement with SILFAB S.p.A. will enhance our ability to expand our operations and meet our objective of becoming a leading global PV manufacturer. In addition, we believe that this contract, which offers attractive payment terms, together with our other long-term contracts, will enhance our ability to expand our margins in the long term as the cost of solar energy approaches grid parity," said Jifan Gao, Trina Solar chairman and CEO.

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