Solarfun Power Holdings Co. Ltd., a manufacturer of photovoltaic cells, modules and ingots, has announced an update on polysilicon supply procurement and sales developments.
The company recently signed a 140 MW long-term wafer contract with WACKER SCHOTT Solar GmbH through Solarfun's subsidiary, Solarfun Power Hong Kong Ltd. Deliveries will begin in 2008.
Solarfun also announced a reduction in expectations for polysilicon supply from Jiangsu Zhongneng PV Technology Development Co. Ltd. to its 52% subsidiary, Jiangsu Yangguang Solar Technology Co. Ltd.
In addition, Solarfun signed a new contract with EDF Energies Nouvelles, a company focused on the green electricity generation market, with activities in nine European countries and the U.S. The contract includes a firm order for 17 MW of monocrystalline modules and an option for the sale of an additional 5 MW. This order was jointly placed with Photon Power Technologies, EDF Energies Nouvelles' solar energy partner in France. EDF has also signed a contract with Yingli Green Energy for 7 MW and an option to order another 6 MW of polycrystalline silicon modules.
