Nanosolar's 3 Big Contracts and Plans to Deliver Them

The San Jose, Calif., company on Thursday said it also has made progress in lining up customers and has signed agreements to supply its copper-indium-gallium-selenide solar panels to two German firms, Belecrtric and Plain Energy, and to French company EDF Energies Nouvelles. The agreements range from three to six years and set out prices over the length of the contracts, and if Nanosolar hits production, efficiency and cost targets, the contracts could add up to a total of 1 gigawatt, said Brian Stone, vice president of sales and marketing at Nanosolar.