China's GCL-Poly, the global leader in the production of polysilicon has announced today the signing of a three-year deal to supply wafers to Taiwans Neo Solar Power (NSP).
The company has also entered into two-year arrangement with Topcell Solar International Corporation (TSI), also based in Taiwan.
Collectively, the two contracts will see GCL-Poly ship 4 GW of their S2 and S3 wafers to the companies over the next three years.
"GCL-Poly is pleased to continue our long-term cooperation with solar industry leaders in Taiwan, such as TSI and NSP," said GCL-Poly executive president, Shu Hua. "Leveraging on our economy of scale, we will continue to deliver advanced products at lower cost to our long-term strategic partners.
"We are confident that by working with our partners closely, we will be able to promote stable and healthy development of the global solar industry."
GCL-Poly's performance in the production of wafer and polysilicon products last year saw the company lead both global markets, producing a nominal capacity of 8.2 GW in wafers alone in 2013 which was more than four times the production capacity of the company's nearest rival, Yingli.
In polysilicon production, GCL-Poly enjoyed more than 90% utilization capacity at its production plants, and is set to produce more than 55,000 tonnes of polysilicon in 2014, according to IHS.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: firstname.lastname@example.org.