Photowatt France, a subsidiary of ATS Automation Tooling Systems Inc., has entered into a multi-year agreement to purchase high-purity polysilicon from WACKER Chemie AG. Terms of the contract were not disclosed.
Under the agreement, WACKER will deliver polysilicon to support approximately 14 megawatts of Photowatt solar production annually.
“This polysilicon contract is an important next step in our plan to continue to strengthen Photowatt in advance of its spin out,” said Ron Jutras, ATS president and CEO. “The agreement significantly improves our access to scarce polysilicon by providing us with a contracted supply from a highly respected global supplier at attractive long-term supply prices. It also clearly establishes an important strategic supply relationship between Photowatt and WACKER which we intend to build upon.”
Loading...