China Technology Development Group (CTDC) subsidiary China Merchants Zhangzhou Development Zone Trendar Solar Tech has signed a purchase agreement for the year 2011with Goldpoly (Quanzhou) Science & Technology Industry (GPS&T).
Pursuant to the agreement, GPS&T agreed to provide Trendar Solar with 100MW of polycrystalline solar cells in 2011.
CTDC chief operating officer Sean Liaw said that this is the first purchase agreement the company has signed with the Goldpoly Group after signing its strategic cooperation agreement in November 2010.
CTDC said that the agreement will further ensure the supply of itsraw materials and will strengthen its long-term relationship in the provision of solar cells.
GPS&T is a wholly-owned subsidiary of Time Infrastructure Holdings.