Trina Solar Ltd. has signed a long-term polysilicon supply agreement with a subsidiary of GCL Silicon Technology Holdings Ltd. Under the agreement, GCL Silicon Technology will supply Trina Solar with virgin polysilicon sufficient to produce approximately 2,600 MW of solar modules in aggregate over eight years. Delivery of polysilicon at predetermined prices will start this month.
Trina Solar says the long-term polysilicon supply agreement will enhance its raw material supplies and increase its cost structure visibility to strengthen its position in the global PV market. The company adds that it has now secured approximately 95% of its estimated silicon feedstock requirements for 2008.