SunPower Signs 3GW Polysilicon Supply Contract with Chinese Company

SunPower Corporation, a Silicon Valley-based manufacturer of
high-efficiency solar cells, solar panels and solar systems,
recently announced that it has signed a multi-year polysilicon
supply agreement with Jupiter Corp., Ltd., a sales office of Qingdao
DTK Industries Co., Ltd., a corporation based in China.

Starting in 2010 and continuing through 2016, SunPower has
contracted to purchase increasing volumes of polysilicon from
Jupiter, Qingdao DTK. The agreement will provide polysilicon volumes
sufficient to manufacture more than 3 gigawatts of solar cells based
on SunPower\'s expected silicon utilization during this period.
Jupiter, Qingdao DTK will build a new polysilicon manufacturing
facility in Qingdao, China, in order to produce the polysilicon that
will be supplied under the terms of this agreement.

\"SunPower is pleased to partner with Jupiter, Qingdao DTK as it
extends its expertise into polysilicon manufacturing,\" said Tom
Werner, CEO of SunPower. \"Jupiter, Qingdao DTK will provide
polysilicon to our ingot suppliers, supporting our drive to scale
rapidly and cost-effectively to meet the demand for our high-
efficiency solar systems.\"

\"We are looking forward to our new partnership with SunPower that
will help build a cleaner environment for future generations,\" said
Indi Sohal, CEO of Jupiter and Qingdao DTK Industries. \"We share
SunPower\'s vision to expand the solar industry and make it the
premier renewable energy choice. Jupiter, Qingdao DTK is excited to
support SunPower\'s vision and to build a low cost polysilicon
manufacturing solution in China.\"

Source: 
Clean Edge News