Crystalox Solar has announced that it has signed a new four-year
contract with one of its longest-standing customers. The agreement,
which is for the supply of multicrystalline silicon wafers, includes
predetermined prices for the four-year period with a total volume of
345MW. Neither the cost of the deal nor the customer involved was
Possible candidates for this ‘major customer’ title may be one of the company’s six long-term customers gained in the first half of this year, such as Suntech, Schott Solar, Q-Cells and SpectraWatt. However, in the same timeframe, around two-thirds of the company’s revenues came from three customers, two of which were Japanese (possibly Sharp/Mitsubishi) and the third being German (possibly Schott).
“This is an important step towards meeting our stated objective of having around 95% of our production for the next three years contracted by the end of the year,” said Iain Dorrity, CEO, PV Crystalox Solar.
By Síle Mc Mahon