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PV Crystalox Solar to supply Suntech with 260MW of silicon wafers

PV Crystalox Solar is to supply Suntech with 260MW of silicon wafers from 2008 to 2013 at predetermined prices and volumes. This is the first supply deal Suntech has made with PV Crystalox. PV Crystalox is currently building a new 1,800MT solar grade polysilicon production facility in Germany.

"PV Crystalox Solar is well recognized for its expertise in the production of silicon wafers, and we are very pleased to initiate this relationship,” said Dr. Zhengrong Shi, Suntech's Chairman and CEO. “Aside from silicon, many of Suntech's key equipment and materials originate in Europe including PV cell and module manufacturing equipment, module backsheets and adhesives. This global sourcing strategy is reflective of our complete commitment to quality and supports our ability to deliver premium quality solar products."

“This new relationship with one of the world's leading solar energy companies is an important step in securing additional long-term supply agreements for PV Crystalox Solar in line with our strategy for growth," commented Iain Dorrity, Chief Executive Officer for PV Crystalox.

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PV Crystalox Solar to supply Suntech with 260MW of silicon wafers

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