ReneSola has announced that it has signed six-year wafer supply contracts with Ningbo Solar Electric Power and Eoplly New Energy Technology. Under the terms of the Ningbo Solar contract, ReneSola will supply Ningbo Solar with 105 MW of solar wafers over a six-year period commencing in mid- 2008. Ningbo Solar is a Chinese manufacturer of solar cells and modules headquartered in Zhejiang Province, China.
ReneSola has also agreed to supply Eoplly with 105 MW of solar wafers over a six-year period commencing in mid-2008. Headquartered in Jiangsu Province, China, Eoplly is a Chinese manufacturer of solar cells, solar modules and photovoltaic (PV) systems.
"The signing of these wafer supply contracts further demonstrates continuing strong demand for our quality wafer products," commented Mr. Xianshou Li, ReneSola's chief executive officer. "Our large-scale, cost- effective manufacturing and strong technology development capabilities are well recognized within the industry and we are very pleased to broaden our customer base with these latest wafer supply agreements."
