Suntech Contracts with a SunEdison Company for Solar Modules

Wuxi, China and Olney, Maryland [] Suntech Power Holdings Co., Ltd., announced a multi-year contract to supply solar modules to a division of Sun Edison, LLC. The total value of the contract ranges from approximately $50 million to $90 million over the term of the contract. The contract is structured in a similar manner as Suntech’s long-term silicon supply agreement in order to enhance steady operating results. Due to progressive laws in California, the solar modules shipped under this contract will be used primarily in the California market. In August 2006, Suntech established Suntech America, a wholly owned subsidiary with the goal of expanding market share in the U.S.
Previous articleFinavera Renewables Collects Wind Data at Five Canadian Sites
Next articleTwo REpower 5M Wind Turbines Placed Offshore Germany
Renewable Energy World's content team members help deliver the most comprehensive news coverage of the renewable energy industries. Based in the U.S., the UK, and South Africa, the team is comprised of editors from Clarion Energy's myriad of publications that cover the global energy industry.

No posts to display