GCL-Poly signs 4 GW wafer supply contract with Taiwan companies

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 Taiwan’s 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.