Under the agreement, Comtec said that it will supply Gintech Energy Corporation, Jetion Solar Holdings Limited, CHINT Group Corporation and Neosolar Power Corporation with approximately 50 MW of monocrystalline wafers each from next January to December, for an undisclosed sum of money.
Commenting, Mr. John Zhang, chairman and CEO of Comtec Solar said: I am pleased that, with the strong demand from our major customers, the committed orders for 2011 already exceed 600 MW, which is expected full capacity by end of 2010. At the moment, we still cannot fulfill all the demand from our customers and they keep requesting additional commitments for the shipment in 2011.
"This gives us strong confidence that we can fill up additional capacity when we ramp up to 1,000 MW before the end of 2011. Meanwhile, one of our major tasks is to push up the progress of our additional 400 MW expansion plan for one GW capacity next year."