ReneSola has signed two wafer supply agreements to provide Taiwan-based Neo Solar Power and Solartech Energy with approximately 836MW of monocrystalline and multicrystalline solar wafers through December 2013.
Under the terms of the contract signed with Neo Solar, ReneSola will supply approximately 293MW of multicrystalline wafers from July 2010 to December 2013 and approximately 141MW of monocrystalline wafers from October 2010 to December 2013. The company will also supply Solartech with approximately 402MW of multicrystalline wafers from July 2010 to December 2013.
Xianshou Li, ReneSola’s CEO said, “We continue to leverage the strength of our core wafer business in securing new long-term contracts with key downstream solar companies. Our competitively priced and cost-efficient wafers help to attract strategic global customers and are an important part of many companies’ solar solutions. We remain committed to building our core wafer business as we strive to be the industry leader in high-quality solar wafers.”