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Suniva and Titan Energy Systems enter US$480 million cell supply agreement
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Titan
Energy Systems Ltd., the India-based solar module manufacturer, has
entered into a contract worth more than US$480 million with Suniva for
the supply of high-efficiency monocrystalline solar cells. The
take-or-pay agreement is scheduled to see the delivery of the cells
from Suniva’s Atlanta facility through 2013.
“Suniva’s optimized solar cells fit well with Titan’s high-efficiency module application platform, and this agreement allows us to diversify our quality supply chain,” said Rao SYS Chodagam, Managing Director of Titan. “In addition, we look forward to a solid collaboration with Suniva’s exceptional technical team.”
By Síle Mc Mahon
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