SunPower Corp. has signed two agreements – one with NorSun AS and another with NorSun and its partners – for the supply of polysilicon derived from a new plant NorSun is constructing in Saudi Arabia. The agreements will support, in aggregate, 2500 MW of solar cell production, and delivery will begin in 2010.
‘SunPower continues to develop new sources of polysilicon,’ says PM Pai, the company's chief operations officer. ‘We are building a diverse portfolio of intermediate and long-term silicon supply contracts that support SunPower's cost reduction roadmap. Economies of scale in our supply chain, manufacturing and channel development will drive down installed solar system costs by 50 percent by 2012.’