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IBC SOLAR places 10-year solar cell order with ersol worth over €500 million
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The
second long-term supply order for IBC SOLAR over the past few days
brings the company’s total spend this week to approximately $2 billion.
The company has placed an order with ersol Solar Energy AG for the
supply of crystalline silicon solar cells over the next 10 years, an
order that is worth over €500 million. The $2 billion total also takes
the company’s recent $1.2 billion order with Evergreen Solar into
account.
The high-grade solar cells will be delivered to IBC’s Bad Staffelstein location in Upper Franconia in Germany over a 10-year period. ersol will receive a downpayment
from IBC SOLAR, which will later be credited to the company at time of purchase. This latest contract brings ersol’s total order volume to close to €4 billion.
By Síle Mc Mahon
