Document:

Exhibit
      10.7

    

    LONG
      TERM SUPPLY CONTRACT

    (English
      Translation)

    

    Contract
      Number:

    Place
      where contract signed: Shanghai

    

    
      	
              Buyer:

            	
              Perfectenergy
                (Shanghai), Ltd. (hereinafter, known as "Party A")

            
	
              Address:

            	
              No.
                479 East Xinzhuang Road,

            
	 	
              Shanghai,
                China 201108

            

    

    Tel:
       021-54880958
       Fax:
       021-54888243

    Bank:
        China
      Agriculture Bank Min District Xinzhuang Industry Zone Branch 

    Bank
      Account:  03430500040006353

    Tax
      Registration Number:  310112777606116

    

    
      	
              Supplier:

            	
              Chengdu
                Jiayang Silicon Technology Inc, Ltd. (hereinafter, known as "Party
                B")

            
	
              Address:

            	
              Longtai
                Blvd, Tianhu Straits Science Party

            
	 	
              Wenjiang
                Distrc, 

            
	 	
              Chengdu
                Sichuan Province 611130

            

    

    Tel:
       028-82765969
      

    

    This
      agreement is entered into by and between Party A and Party B in accordance
      with
      the Economic Contract Laws of the People's Republic of China. This supply
      contract is the product of coordination and negotiations between the two
      parties. The
      parties hereto agree as follows:

    

    	1.         
              	
            As
              agreed by both parties, Party B will ship to Party A the following
              solar
              silicon starting from 2007 to 2009.

          

    

    	1)  	
            Product
              description: CZ
              solar monocrystalline
              silicon 

          

    

    	2)  	
            Technical
              specifications

          

    Conductor
      type:  Type
      P

    Crystallographic
      directions:  <100>+
      3

    Size:
       125mm
      x
      125 mm +
      0.5mm
      side-film

    Diagonal
      diameter: :  ≥
      Φ
150
      mm
± 0.5mm

    Electrical
      resistence:  0.5-3
Ω.
      cm , 3-6 Ω .cm

    TTV:
       <
50
      μm

    Minority
      carrier life:  >
10
      μs

    Thickness
      Stall:  220
      +
      20
μm

    No
      fracture, no hole, no stria

    

    	3)  	
            Quantities
              in units

          

    Year
      2007: 800,000 units

    Year
      2008: 1.5 million units

    Year
      2009: 3 million units

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    
 

    	4)  	
            Product
              unit cost: ¥48 RMB / unit. Party B agrees to give Party A a discount of
              2%-5% off the average market price, adjustable every 3
              months.

          

    

    	5)  	
            Payment:
              Party B will ship the goods in installments. Party B will notify Party
              A
              before each shipment. Party A will pay Party B in full for each shipment
              three days after receiving a notice. Once payment is verified, Party
              B
              will start shipping immediately. 

          

    

    	2.         
              	
            Quality
              requirement: Party B guarantees that the product quality, specifications,
              and all technical parameters will match what is specified in this
              contract.

          

    

    	3.          
             	
            Place
              of delivery: Shanghai (Party B is in charge of
              shipping)

          

    

    	4.         
              	
            Date
              of delivery: Installment shipments per
              month

          

    

    	5.         
              	
            Packaging
              requirement: The packaging must comply with public transportation
              regulations. 

          

    

    	6.         
              	
            Acceptance,
              inspection, and invoicing: Within three days of receiving a shipment,
              Party A will inspect the shipment based on the specifications listed
              in
              this contract. Party A will send an acceptance inspection report to
              Party
              B. If everything is accepted, Party B will issue a value-added-tax
              invoice
              for Party A’s shipment.

          

    

    	7.         
              	
            Roles
              and responsibilities: Party A and Party B shall fulfill their
              responsibilities within the time frame specified in this contract.
              A party
              that breaches the contract is liable for economic losses incurred by
              the
              non-breaching party. 

          

    

    	8.         
              	
            Dispute
              Resolution: Both parties shall settle their disputes through negotiations.
              If a dispute remains unresolved, a lawsuit may be filed in a local
              court,
              whose decision shall be deemed final. 

          

    

    	9.         
              	
            This
              contract has two copies. The contract will
              not come into force until it is signed by both parties with stamps.
              

          

    

    	10.        
             	
            The
              term of this contract is from the date of execution to December 31,
              2009.

          

    

    	11.       
              	
            Others:
              Not applicable.

          

    

      
        	
                Party
                  A:

              	
                Party
                  B:

              
	
                Perfectenergy
                  (Shanghai), Ltd.

              	
                Chengdu
                  Jiayang Silicon 

              
	
              	
                Technology
                  Inc., Ltd.

              
	 	 
	
                Signature

              	
                Signature

              
	
                Stamp

              	
                Stamp

              
	
                Date

              	
                DateExhibit
      10.8

    

    LONG
      TERM SUPPLY CONTRACT

    (English
      Translation)

    

    Contract
      Number:

    Place
      where contract signed: Shanghai

    

    
      	
              Buyer:

            	
              Perfectenergy
                (Shanghai), Ltd. (hereinafter, known as "Party A")

            
	
              Address:

            	
              No.
                479 East Xinzhuang Road,

            
	 	
              Shanghai,
                China 201108

            

    

    Tel:
       021-54880958
       Fax:
       021-54888243

    Bank:
        China
      Agriculture Bank, Min District, Xinzhuang Industry Zone Branch 

    Bank
      Account:  03430500040006353

    Tax
      Registration Number:  310112777606116

    

    
      	
              Supplier:

            	
              Tianjin
                Huan-ou Semiconductor Technology Inc, Ltd. (hereinafter, known as
                "Party
                B")

            
	
              Address:

            	
              No.
                152 Zhanggui Road, East River district

            
	 	
              Tianjin,
                China 300161

            

    

    Tel:
       022-24310904
       Fax:
       022-24382296

    Bank:
        Industrial
      and Commercial Bank of China, Nankai Branch

    Bank
      Account:  258901201010016505

    Tax
      Registration Number:  120117724473516

    

    This
      agreement is entered into by and between Party A and Party B in accordance
      with
      the Economic Contract Laws of the People's Republic of China. This supply
      contract is the product of coordination and negotiations between the two
      parties. The
      parties hereto agree as follows:

    

    	1.         
              	
            Under
              the framework of the Strategic Partnership Agreement signed
              by all related parties in December 2006, both parties agreed to establish
              a long term strategic partnership. 

          

    

    Party
      B
      is a well-known manufacturer of semi-conducting silicon throughout China. Its
      advanced technology and excellent product quality is well recognized by the
      industry. It is capable of manufacturing one million units of silicon chips
      monthly, and it is planning to increase its capacity to two million units in
      2008 and four million units in 2009. Party B has worked with REC Silicon, the
      largest producer of high-purity ferrosilicon, for almost ten years. Party B
      has
      established a long term strategic partnership with REC Silicon for the next
      five
      to ten years. Such a partnership ensures the supply of all the raw materials
      it
      needs during its expansion. 

    

    Party
      A
      specializes in the research, development, and manufacture of silicon solar
      cells. It has its own patent and technology. Party A is a company with one
      of
      the lowest investment costs with its own characteristic. Using its own
      technology, it has set up a solar cell production line with fuel output of
      15MW.
      It is planning to increase output to 40MW in 2007, to 80MW in 2008, and 100MW
      in
      2009. 

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    Now,
      therefore, in consideration of both parties’ expansion strategy and through
      their negotiations, both parties have jointly established a long term strategic
      supply chain partnership on solar cells in order to accomplish a strategic
      alliance with mutual benefit and growth. 

    

    	2.         
              	
            As
              agreed upon by both parties, Party B will ship to Party A the following
              solar silicon starting from 2007 to 2009.

          

    

    	1)  	
            Product
              description: CZ
              solar monocrystalline
              silicon 

          

    

    	2)  	
            Product
              Specification: 

          

    Conductor
      type:  Type
      P

    Crystallographic
      directions:  <100>+
      3

    Size:
       125mm
      x
      125 mm +
      0.5mm

    Diagonal
      diameter:  ≥
      Φ
150
      mm
± 0.5mm

    Electrical
      resistence:  0.5-3
      Ω
      C.T ,
      3-6 Ω, cm

    TTV:
       <
50
      μm

    Minority
      carrier life:  >
10
      μs

    Thickness
      Stall:  220
      +
      20
μm

    No
      fracture, no hole, no stria

    

    	3)  	
            Quantities
              in units

          

    Year
      2007: 250 million units

    Year
      2008: 500 million units

    Year
      2009: 1000 million units

    

    	4)  	
            Product
              unit cost: ¥48 RMB / unit. Party B agrees to give Party A a discount of
              2%-5% off the average market price, adjustable every 3
              months.

          

    

    	5)  	
            Payment:
              Party B will ship the goods in installments. Party B will notify Party
              A
              before each shipment. Party A will pay Party B in full for each shipment
              three days after receiving a notice. Once payment is verified, Party
              B
              will start shipping immediately. 

          

    

    	3.         
              	
            Quality
              requirement: Party B guarantees that the quality, specifications, and
              all
              technical parameters with match all requirements set forth in this
              contract.

          

    

    	4.          
             	
            Place
              of delivery: Shanghai (Party B is in charge of
              shipping)

          

    

    	5.          
             	
            Date
              of delivery: Installment shipments per
              month

          

    

    	6.          
             	
            Packaging
              requirement: The packaging must comply with public transportation
              regulations. 

          

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    	7.         
              	
            Acceptance,
              inspection, and invoicing: Within three days of receiving a shipment,
              Party A will inspect the shipment based on the specifications listed
              in
              this contract. Party A will send an acceptance inspection report to
              Party
              B. If everything is accepted, Party B will issue a value-added-tax
              invoice
              for Party A’s shipment.

          

    

    	8.          
             	
            Roles
              and responsibilities:

          

    Party
      A
      and Party B shall fulfill their responsibilities within the time frame specified
      in this contract. A party that breaches the contract is liable for economic
      losses incurred by the non-breaching party. 

    

    	9.         
              	
            Dispute
              Resolution: Both parties shall settle their disputes through negotiations.
              If a dispute remains unresolved, a lawsuit may be filed in a local
              court,
              whose decision shall be deemed final. 

          

    

    	10.        
             	
            This
              contract has two copies. The contract will
              not come into force until it is signed by both parties with stamps.
              

          

    

    	11.       
              	
            The
              term of this contract is from the date of execution to December 31,
              2009.

          

    

    	12.       
              	
            Others:
              Not applicable.

          

    

    

    
      	
              Party
                A:

            	
              Party
                B:

            
	
              Perfectenergy
                (Shanghai), Ltd.

            	
              Tianjin
                Huan-ou Semiconductor

            
	 	
              Technology
                Inc., Ltd.

            
	 	 
	
              Signature

            	
              Signature

            
	 	 
	
              Stamp

            	
              Stamp

            
	 	 
	
              Date

            	
              Date

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