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- 2005-11-19
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May 1, 2006
San Jose, CA, USA: SunPower Corporation Signs Long Term Agreement with M.Setek
SunPower Corporation has extended and expanded a major silicon supply agreement with a key
supplier and partner, M.Setek Co., Ltd., a manufacturer of monocrystalline silicon ingots and wafers
for the solar industry. The extention to the companies existing agreement now
takes purchases out by a further two years, through to 2010.
The new agreement increases M.Setek's 2008 silicon supply to SunPower while
offering the potential for additional supply in 2007.The value of the agreement over its five-year
term is estimated to exceed $500 million.
"SunPower is pleased to expand our relationship with M.Setek, one of our most valued partners,"
said Tom Werner, CEO of SunPower. "The solar industry requires a reliable, high-volume silicon
supply in order to maintain rapid growth. This agreement is a key element in SunPower's silicon
supply strategy."
"We are happy to announce the extension of our agreement with SunPower," said
Ritsuo Matsumiya, M.Setek's President. "We are always striving to strengthen our customer
relationships. As we plan to grow our silicon ingot manufacturing and polysilicon refining capacity,
we see SunPower as an attractive partner due to their technology advantages
and strong business prospects."
As previously announced, M.Setek is constructing its first polysilicon refinery, scheduled to
begin operation in late 2007, to provide a guaranteed source of raw material for its ingot-puller
manufacturing operation. Ingots are used to create silicon wafers-the starting material for
SunPower's high- efficiency solar cells.
"We believe that the solar industry's rapid growth is currently limited by the supply
of silicon," continued Werner. "
Because SunPower's solar technology converts more sunlight to power than
anyone else in the industry,we are also among the leaders in silicon utilization efficiency," Werner said.
"We credit our technological leadership for our success in developing longterm silicon supply
partnerships such as our relationship with M.Setek . We particularly thank Mr. Matsumiya for
his leadership in growing mutual opportunities for our companies."
相信上市後的YINGLI 一定會成為原料商的座上客,有實力當然有魅力 |
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