SolarWorld Group concludes new wafer contracts for 1.5 billion EUR
Source: SolarWorld AG press release /May 24, 2007
http://www.solarworld.de/Corporate-News.78.0.html?&L=1
SolarWorld AG is vigorously expanding its business with the international solar cell and module industry. The Deutsche Solar AG subsidiary has entered into new long-term agreements with a number of globally operating cell and module manufacturers for the supply with solar silicon wafers from the Freiberg production. The order volume of these new contracts runs up to a total of 1.5 billion EUR for the SolarWorld Group. The time span of the orders covers the period until 2018. 51 per cent of the orders originate
from Europe. Asia follows with a rate 37 per cent. China and Taiwan alone account for 16 per cent of all new supply contracts. 12 per cent of the wafers ordered will be shipped to North America. The entire order backlog of Deutsche Solar AG for external customers from existing orders and new contracts amounts to 4.0 billion EUR.
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