Solar Power Industries places extra 3,000 metric ton order with Becancour Silicon

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Vertically
integrated solar cell manufacturer Solar Power Industries has placed a
second long-term order for solar grade silicon with Becancour Silicon,
which sees the Pittsburgh, Pennsylvania producer receive an additional
3,000 metric tons per year from 2010 to 2015. The initial supply
agreement anticipated shipments of solar grade silicon in excess of
4,000 metric tons over its initial period of 5 years.

“We are very happy to have SPI as a strategic partner in the development of our solar silicon business and this second contract with SPI further corroborates the value proposition we bring to our customers.” said Mr. Rene Boisvert, President and CEO of BSI. “SPI has had extensive experience with our solar grade silicon, having shipped their products using our material for over one year.”

In separate news, Timminco, the majority owner of Becancour Silicon, is set to make available an executive summary of a report by PHOTON Consulting on Becancour’s breakthrough metallurgical solar grade silicon on Wednesday May 14, 2008 as well as a conference call to discuss the findings.

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