Advent Solar Signs $350M Polysilicon Wafer Agreement With Deutsche Solar AG
Albuquerque, NM, Oct 13, 2008
Source: Ådvent Solar press release/PRNewswire
http://adventsolar.com/index.php?mact=News,cntnt01,detail,0&cntnt01articleid=35
Advent Solar, Inc., a leading manufacturer of innovative solar cells and modules, today announced an agreement with Deutsche Solar AG, a subsidiary of SolarWorld AG and one of the largest global producers of mono- and multi-crystalline silicon wafers for the photovoltaic (PV) industry. Under the agreement, Deutsche Solar will provide Advent Solar with its SOLSIX(R) wafers through 2018 with a total value of more than $350M. This steady silicon wafer supply will enable Advent Solar’s rapid business expansion through the introduction and delivery of next-generation solar modules based on its Ventura Technology, the solar industry’s first comprehensive cell-to-module solar architecture. (more…)