China Sunergy Secures Supplies For 2009 to 2015 (CSUN)

[24/7 Wall St.]

24/7 Wall St. Daily News

China Sunergy Co., Ltd. (NASDAQ: CSUN) has entered into a new supply agreement with the European wafer provider REC Wafer for a high quality supply of monocrystalline 156-millimeter wafers for the seven years from 2009 through 2015. This is not China Sunergy securing this as an order, as the company is contracting for supplies here so that it can more adequately fill its orders. China Sunergy noted that the scheduled shipments are expected to begin in early 2009 and will be completed at the end of 2015. It also noted that both amount and price are fixed according to the...http://feeds.feedburner.com/~f/typepad/RyNm?i=aGGSnI</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=aGGSnI) http://feeds.feedburner.com/~f/typepad/RyNm?i=UNEcWI</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=UNEcWI) http://feeds.feedburner.com/~f/typepad/RyNm?i=0T1yPi</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=0T1yPi)


complete story here... (http://www.247wallst.com/2008/06/china-sunergy-s.html)