The supply contract replaces and extends REC’s existing supply relationship with Photovoltech, it said, adding that deliveries of wafers under the new agreement will commence in 2009, and increase over time to a level of about 100 MWp (megawatt peak) per year. Depending on the final capacity and site development, REC said total investments in the site ‘may exceed 3 bln euros within the next 5 years’. The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News. Neither the Subscriber nor AFX News warrants the completeness or accuracy of the Service or the suitability of the Service as a trading aid and neither accepts any liability for losses howsoever incurred. The content on this site, including news, quotes, data and other information, is provided by AFX News and its third party content providers for your personal information only, and neither AFX News nor its third party content providers shall be liable for any errors, inaccuracies or delays in content, or for any actions taken in reliance thereon. Sitemap Help Contact Us Investment Newsletters Forbes Conferences Forbes Magazines Forbes Autos Ad Information Forbes. read more

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