Monday, November 19, 2007

SYP to supply polysilicon to Trina through 2013

Filed from Houston 11/14/2007 4:51:55 AM GMT

CHINA: Trina Solar Ltd. signed a six-year polysilicon supply agreement with Sichuan Yongxiang Polysilicon Co. Ltd. (SYP). Under the agreement, SYP will supply Trina with virgin polysilicon sufficient to produce approximately 1,300 MW of modules. Deliveries under the agreement will begin in mid-2008 and continue through 2013.

With this contract and the company's existing supply agreements, Trina has now secured approximately 70 percent of the polysilicon required for its planned production in 2008. SYP is in the advanced stages of building an 11,000-ton (10,000-tonne) polysilicon production facility with an initial phase of 1,100 tons (1,000 tonnes) launching next year.

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