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ersol secures additional silicon from Wacker Chemie

(PresseBox) (Erfurt, ) .
- Silicon contracted over 9 years to achieve additional production output of around 300 MWp
- Raw material supply puts ersol’s target of 400 MWp nominal capacity in 2010 within reach

ersol Solar Energy AG (ersol) today signed a contract with the German company Wacker Chemie AG, the world’s second-largest supplier of polysilicon for the semiconductor and photovoltaic industry, for delivery of this scarce raw material. This contract will apply from 2009 onwards and will enable ersol to generate an additional production output of about 300 MWp of crystalline solar cells over a period of nine years. The silicon price has been fixed for the entire term of the contract. ersol is scheduled to make down payments to Wacker Chemie.

“This additional material brings us a significant step closer to achieving our strategic target of 400 MWp of nominal capacity, thereof around 300 MWp crystalline and around 100 MWp thin-film technology, in 2010. Another part of our further expansion is now secure and we can therefore continue to be just as ambitious in future,” said Dr. Claus Beneking, Chairman of ersol’s Board of Management, at the contract signing. “Wacker has proven itself to be a reliable silicon supply partner for ersol and we look forward to continuing this partnership in the future,” said Beneking.