Global Leader in International Oil and Gas Industry News

posted in:

REC says wins $500 mln silicon powder supply deal

Wednesday, Oct 22, 2008

Norwegian solar industry group Renewable Energy Corporation (REC) said on Monday that it won a contract worth more than $500 million to supply silicon powder to an Asia-based company for seven years.

The deal will help REC, which is a supplier of solar-grade silicon and wafers to the solar power industry, to boost revenues from a byproduct that it does not now plan to use internally, REC said in a statement.

The contract has a value in excess of $500 million...and runs for seven years from 2009 through 2015, REC said.


Source: Reuters

posted in:

Other Oil & Gas News

Aquaterra Energy wins Premier Oil Catcher Drill Centre Template contract 23-04-2014
Claxton’s camera upgrade puts crane safety in the picture 23-04-2014
Elk acquires the Singleton Unit in Nebraska 23-04-2014
Longreach prepares to drill into target Liassic formation with Kamar-1 well in Morocco 23-04-2014
Chevron unveils PitPack motor oil dispensing system 23-04-2014
Farstad Shipping ASA - charter agreements 23-04-2014
Prysmian, € 30 m contract in Abu Dhabi 23-04-2014
Halliburton to build drilling, testing and training facility in Texas 23-04-2014
SEACON (europe) Ltd Receives A Queen’s Award for Enterprise in International Trade 23-04-2014
EnerJex Resources announces Niobrara operations update and development plans 23-04-2014