[DISCLOSURE] WoongjinEnergy (103130) announced on Sept. 26 that it has signed a contract worth 23.1 billion won (US$20.92 million) with a Germany-based company, Solarwarld AG, to supply 30 million of p-type mono crystalline silicon wafers.

The one-year contract takes effects starting on Jan. 1, 2017. The contract cost is equivalent to 14.1 percent of Woongjin Energy’s sales last year.

By Park Yuna (yunapark@heraldcorp.com)