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Sunpower secures manufacturing & services contract worth RMB141 mil from polycrystalline silicon industry

Felicia Tan
Felicia Tan • 2 min read
Sunpower secures manufacturing & services contract worth RMB141 mil from polycrystalline silicon industry
Shares in Sunpower closed 2 cents higher or 2.2% up at 92.5 cents on Feb 2.
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Sunpower Group says it has secured a manufacturing & services (M&S) contract worth RMB141 million ($29.0 million) on Feb 2.

The contract was signed with an existing customer in the polycrystalline silicon industry, where the group will supply core equipment for the customer’s project.

As the delivery is expected to be completed by 2021, this is expected to have a positive impact on the group’s financial performance in the FY ending Dec 31.

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