Suniva and Titan Energy Systems enter US$480 million cell supply agreement

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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