 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
Suntech Signs Eight-Year Polysilicon Supply Agreement With DC Chemical
Sacramento CA (SPX) Mar 25, 2008 Suntech Power has signed a definitive eight-year polysilicon supply agreement with DC Chemical Co. Ltd., a leading multinational chemicals producer headquartered in Seoul, South Korea. Under the terms of the agreement, DC Chemical will supply Suntech specified annual volumes of polysilicon with a total value of approximately $631 million from 2009 to 2016. Dr. Zhengrong Shi, Suntech's Chairman and Chief Executive Officer, stated, "We highly respect DC Chemical's ability to rapidly develop commercial scale production of polysilicon and contribute to the growth of the solar industry. Partnering with DC Chemical for high quality polysilicon will help to expand Suntech's relationship with companies in the South Korean solar industry as well as building our long-term supply pipeline and accelerating our path to grid parity solar." Dr. Shi added, "The funds from our recent convertible senior notes offering have put us in a strong position to enter into large, long-term contracts such as this one with DC Chemical, which we believe will enable us to establish a strong foundation for a grid parity cost structure in the future. Suntech will continue to build relationships with respected upstream polysilicon producers with a similar view to achieving solar grid parity as early as possible." Related Links All About Solar Energy at SolarDaily.com
Mojave Desert Contributes More Than A Billion Dollars Annually To California
Sacramento CA (SPX) Mar 25, 2008The Mojave Desert provides more than 1 billion dollars annually in economic benefits to the counties of Inyo, Kern, Riverside and San Bernardino, and the Lancaster-Palmdale area of Los Angeles County, according to Defenders of Wildlifes new economic analysis Economic Oasis: Revealing the Value of the Mojave Desert. |
|
|
| The content herein, unless otherwise known to be public domain, are Copyright Space.TV Corporation. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space.TV Corp on any Web page published or hosted by Space.TV Corp. Privacy Statement |
