GCL-Poly signed a new PV wafer supply contract with DelSolar - Solar energy & PV news

GCL-Poly signed a new PV wafer supply contract with DelSolar

Published on Solar energy & PV  |  August 31, 2010, 8:08

GCL-Poly Energy's Solar Energy Technology Subsidiary has announced the signing of the second long-term contract to supply wafers to Taiwanese manufacturer of PV cells and solar modules DelSolar.

The new understanding specify the supplying of 664MW of wafers, and is based on an agreement made in late May and extend its terms from October 2010 until December 2015.

"Both companies have been performing very well in meeting their obligations since signing the first wafer supply contract in May 2010", said R.C. Liang, DelSolar's chairman/CEO.

"In order to strengthen our strategic partnership with GCL-Poly and to secure the material needs for DelSolar’s future expansion, we have proactively discussed the second long-term supply contract with GCL-Poly. DelSolar was pleased to quickly reach agreement on the second supply contract with GCL-Poly. This agreement will enhance DelSolar’s market position and strengthen the strategic partnership between the two companies.”

“We are delighted to be able to sign the second wafer supply agreement with DelSolar, a leading solar company in Taiwan, so soon after we signed the first wafer supply contract", said Zhu Gong Shan, executive director/chairman/CEO of GCL-Poly.

"This demonstrates again the endorsement and recognition of GCL-Poly’s products and customer services by leading industry players. I look forward to closer cooperation with DelSolar in the future, thus creating a win-win situation for both companies within the fast-growing solar industry".

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