19 November 2010

Apollo signs 5-year deal to supply Te to solar panel maker

Apollo Solar Energy Inc of Chengdu, Sichuan Province, China says that it has signed a five-year purchase contract with a major global solar panel maker.

Apollo will provide 5N (five-nines) ultra-high-purity tellurium, which is the core material of cadmium telluride (CdTe) thin-film solar photovoltaics (PV), with projected sales of about RMB730m ($110m) over a five-year period.

“We have been cooperating closely for the past five years with this manufacturer, and we believe this purchase contract will be a win–win strategy for both of us in the long run,” says CEO Dr Jingong Pan.

Through its subsidiary Sichuan Apollo Solar Science and Technology Co Ltd, Apollo Solar Energy is a vertically integrated firm primarily engaged in mining, refining and producing high-purity tellurium (Te), Te-based compounds and other metals for the thin-film PV industry as well as for segments of the electronic materials market (including radiation detection and infrared detection). Products include ultra-high-purity metals and commercial-purity metals (such as selenium, antimony, bismuth, cadmium and zinc), cadmium telluride (CdTe) thin-film compounds, and copper indium gallium diselenide (CIGS) thin-film compounds.

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Tags: CdTe CIGS

Visit: www.apollosolarenergy.com.cn