Yahoo Finance

SunEdison announced it has entered into a comprehensive agreement with Huantai Group to develop solar projects and supply key materials, technologies and services for the Chinese market. Together, both companies expect to build up to 1.7 GW of solar projects in China over the next five years. SunEdison will supply Huantai with polysilicon from its new FBR polysilicon plant in Korea, supporting both companies' subsequent project needs. Under the terms of the partnership, SunEdison will produce polysilicon for Huantai Group to manufacture high-quality solar wafers. Both SunEdison and Huantai will utilize the solar wafers as they work together to build up to 1.7 GW of solar projects in China over the next five years.