REC Wafer has signed a long-term agreement with LG Electronics Inc. in Korea for the supply of multi crystalline wafers. The agreement, which runs until 2014, is structured as a take-or-pay contract with pre-determined prices and volumes for the entire contract period. The contract has an estimated value of more than US $340 million.
REC Signs US $340M Wafer Contract with LG
2009-01-20 by renewenergy