A supplemental wafer and polysilicon supply deal has been signed between Trina Solar and GCL-Poly, equivalent to 7,500MW worth of solar modules in aggregate over the next five years. The company employs a colocation manufacturing strategy with key customers such as Trina Solar, JA Solar, Canadian Solar, Suntech and Solarfun.
The new agreement sees the delivery of wafers and polysilicon at predetermined prices, commencing from January 2011 to December 2015. Terms of the agreement also contain a price adjustment clause, though actual pricing terms were not disclosed.
Based on continued strong demand, Trina Solar previously said that it expected 2010 module shipments to reach approximately 1GW, up from prior guidance of between 900MW and 930MW.
The supplemental deal suggests further module capacity expansion in the near term.
Patrick Lu, Trina Solar's vice president of supply chain management, said, “The agreement to secure a portion of the company's wafer and polysilicon requirement from GCL-Poly continues to extend our advantage to support our long-term sales growth and market share expansion goals into 2011 and beyond.”