Solar industry moving towards long-term silicon supply contracts

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News that Evergreen Solar has just signed a contract with Norway's Renewable Energy Corp for the supply of 7,400 metric tons of granular polysilicon over seven years beginning in 2008 is very promising.

It is this kind of long-term contract that has shielded the mighty semiconductor industry from the great silicon bull market. Maybe now we will start to see some stabilising prices and that will be a huge step forward for the solar industry.

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