IBC SOLAR places 10-year solar cell order with ersol worth over €500 million


The second long-term supply order for IBC SOLAR over the past few days brings the company’s total spend this week to approximately $2 billion. The company has placed an order with ersol Solar Energy AG for the supply of crystalline silicon solar cells over the next 10 years, an order that is worth over €500 million. The $2 billion total also takes the company’s recent $1.2 billion order with Evergreen Solar into account.

The high-grade solar cells will be delivered to IBC’s Bad Staffelstein location in Upper Franconia in Germany over a 10-year period. ersol will receive a downpayment
from IBC SOLAR, which will later be credited to the company at time of purchase. This latest contract brings ersol’s total order volume to close to €4 billion.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

By Síle Mc Mahon

Read Next

Subscribe to Newsletter

Upcoming Events

Solar Media Events
April 17, 2024
Lisbon, Portugal
Solar Media Events
May 1, 2024
Dallas, Texas
Solar Media Events
May 21, 2024
Sydney, Australia