Neo Solar to get 3-year wafer supply from GCL-Poly

NSP will get 350 MW of solar wafers from GCL-Poly from the fourth quarter of 2010 to the end of 2013.
 
Neo Solar Power’s signing of a 3-year wafer supply contract with GCL –Poly further consolidated the long-term strategic relationships between both sides.
 
This long-term cooperation sustains both companies on production capacity and business operation, leading to significant expansion on global presence and a win-win situation.

“We are very pleased to have extended our partnership with GCL, a company with strength in exceptional employee talents. I really admire Chairman Zhu’s operating philosophies and long-term strategies. signing this wafer supply contract with GCL, NSP strengthens its long-term partnership with GCL and stabilizes material supply and hence able to support incoming orders and capacity expansion accordingly. We delivered strong financial results in the first three quarters and shall further advance this growth superior sourcing availability in wafer and order,” said Dr. Quincy Lin, Chairman of NSP.
 
Mr. Zhu Gong Shan, Chairman and Chief Executive Officer of GCL stated, “We are glad to establish strategic relationship with Neo Solar Power, a leading solar company in Taiwan. By signing the contract, NSP shows its strong confidence in our product quality, price, economies of scale production and customer service.“