China
Sunergy is increasing the supply of its high-efficiency selective
emitter (SE) cell under a previous solar wafer supply deal with aleo
solar AG. The total shipment volume under the new Agreement will remain
at 30MW for 2008 but will now comprise of 7MW supplied in the form of
SE cells. 2MW of the 10MW to be supplied during the first half of this
year will now be in the form of SE cells. The remainder of the cells
will be shipped by the end of 2008.
SE cells represent a growing proportion of our total production and shipment levels, and we are very pleased with the response our customers have shown towards these products,” commented Allen Wang, CEO of China Sunergy. “As we continue to increase the overall ratio of SE cells shipped, and expand our SE production capacity, we expect to see an improvement in our 2008 gross margin as overall conversion efficiencies improve and our usage of polysilicon is reduced.”
