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Centrosolar, TSMC Sign Exclusive Pact On Solar Module Production

TAIPEI -(Dow Jones)- Germany's Centrosolar Group AG (C30.XE) will produce crystalline photovoltaic modules for Taiwan Semiconductor Manufacturing Co. (TSM), using solar cells supplied by the Taiwanese company, the companies said in a joint statement Tuesday. Centrosolar and TSMC said they signed a contract Tuesday in which Centrosolar will become the exclusive solar module supplier for TSMC over the next five years. Centrosolar will deliver the first batch of modules in the third quarter of this year, with an initial volume of up to 100 megawatts peak capacity a year, they said. The companies didn't disclose the financial terms of the agreement. -By Aries Poon, Dow Jones Newswires; 886-2-25022557; -By Aries Poon, Dow Jones Newswires; 886-2-25022557;

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