The deal, which contains a price-adjustment clause, is set to run from January 2011 to December 2015.
The deal “fundamentally improves our supply chain positioning” and will “significantly improve our cost competitiveness”, says JA’s chief operating officer Jian Xie.
Most analysts do not expect significant bottlenecks for either polysilicon or wafers in the next few years, despite a tremendous growth in demand for PV systems.
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