Two Taiwan-based solar cell manufacturers, Neo Solar Power (NSP) and Topcell Solar International (TSI) have concluded new short-term wafer supply contracts from GCL-Poly totalling approximately 4GW.
Both cell producers have been previous customers of GCL-Poly.
According to GCL-Poly, NSP has signed a three-year long term supply contract, while TSI’s deal is for two years only. Individual company wafer quantities were not disclosed or financial terms.
Shu Hua, executive president of GCL-Poly said: “Leveraging on our economy of scale, we are continuously delivering advanced products at a lower cost to our long-term strategic partners. We are confident that by working with our partners closely, we will be able to promote the stable and healthy development of the solar industry.”
The renewed supply agreements were said to be for GCL-Poly’s higher quality and performance wafers, S2 and S3 brands.