Jan 24 2011
GCL-Poly Energy, subsidiary GCL Solar Energy Technology, has inked a supplemental polysilicon and wafer products supply deal with Trina Solar, a complete producer of photovoltaic products that include manufacturing of ingots, wafers and solar cells to the integration of PV modules via its subsidiary, Changzhou Trina Solar Energy.
According to the existing and the supplemental long-term deals, GCL-Poly would deliver polysilicon and wafer products to Trina Solar to manufacture about 7,500 MW of solar PV modules in total over a period of five years. The polysilicon and wafer products will be supplied to Trina Solar at fixed prices between January 2011 and December 2015. A provision for price adjustment is also included in the terms of the supplemental deal.
The Vice President of Supply Chain Management at Trina Solar, Patrick Lu, commented that the supplemental deal would support the company’s long-term sales strategy and market share improvement targets in 2011 and in future.
The President and Executive Director at GCL-Poly, Shu Hua, said that the company would strengthen its position in the worldwide solar market by supplying ultra-quality polysilicon and wafers to Trina Solar.