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AMG subsidiary Timminco and CaliSolar jointly announce solar grade silicon supply agreement

17 June 2008 | Materials: News From Around The Web | Source: foxbusiness.com
AMG Advanced Metallurgical Group N.V. announced that its 50.5% subsidiary Timminco Limited and CaliSolar, Inc., a privately held business based in Sunnyvale, CA, today jointly announced that Timminco's wholly-owned subsidiary, Becancour Silicon Inc., has signed an agreement to supply solar grade silicon, or upgraded metallurgical silicon, to CaliSolar. The agreement provides for shipments of approximately 1,700 metric tons through December 2012. Initial shipments will begin in the third quarter of 2008.  

"CaliSolar, using BSI's UMG Si, has made a major breakthrough in photovoltaic (PV) technology," said Dr. Eicke Weber, a CaliSolar founder and Director of the Fraunhofer Institute for Solar Energy Systems ISE in Freiburg, Germany. "The impact of UMG Si in this important, rapidly expanding market can hardly be overstated. By 2015, half of the world's PV production could be based on the use of UMG Si."  

"In their search for a solar grade silicon supplier, CaliSolar has done extensive tests with materials from many UMG Si producers and obtained cell efficiencies over 15% with our product." said Mr. Rene Boisvert, President and CEO of BSI. "This agreement to supply CaliSolar is consistent with our strategy of supplying solar grade silicon to companies with the capability to produce solar cells with our material with efficiencies similar to cells produced with polysilicon."  

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