GCL-Poly signs $3B deal with Hareon Solar to supply wafers over next three years
GCL-Poly has established a long-term strategic partnership with Chinese company Hareon Solar Technology, in which GCL’s solar energy technology subsidiary will supply silicon wafers worth RMB20.8 billion (US$3.06 billion) to the vertically integrated photovoltaics manufacturer’s cell and module operations in Jiangsu province over the next three years, beginning in January 2011. A price adjustment mechanism has also been included in the contract, the companies said.