Trina Solar Ltd., a manufacturer of solar photovoltaic products, has signed a six-year polysilicon supply agreement with Sichuan Yongxiang Polysilicon Co. Ltd.
Sichuan Yongxiang Polysilicon, a Leshan-based company in China's Sichuan Province, is in the advanced stages of building a 10,000 metric-ton polysilicon production facility with an initial phase of 1,000 metric tons launching next year. Under this six-year agreement, Sichuan Yongxiang Polysilicon will supply Trina Solar with virgin polysilicon sufficient to produce approximately 1,300 MW of modules. Deliveries under this agreement will begin in mid-2008 and continue through 2013.
‘This agreement with Sichuan Yongxiang Polysilicon represents an important step in the execution of our strategy to expand our fully integrated PV module manufacturing capacity,’ says Jifan Gao, Trina Solar's chairman and CEO.
With this contract and the company's existing supply agreements, the company has now secured approximately 70% of polysilicon requirements for its 2008 planned production.