Question-and-Answer Session
Operator
Thank you. The question-and-answer session will be conducted electronically. (Operator Instructions). We will take our first question from Sanjay Shrestha of Lazard Capital Markets.
Sanjay Shrestha - Lazard Capital Markets
Good afternoon guys. Couple of quick questions. So, now with the, sort of promising, sort promising out of the cost trajectory with your Jiawei contract manufacturing relationship, how does that sort of change your expansion thought process with Devens beyond 40 megawatt per quarter run rate? And then also, how much more you guys choose to or plan to sort of putting with the Sovello relationship, given that that cost structure is probably never going to be able to rival the cost structure you can get in China?
Richard Feldt
Sanjay, this is Rick. We have, we [barely] made the investment in Devens, so we don't really plan on increasing our investment in Devens beyond what we've already done. Our focus really will be on China, and so for future expansion like anything to change, if panel pricing rebounded dramatically, there were substantial incentives for US made product et cetera. There could be conditions under which we would further invest in US manufacturing, but unless the world change a lot in it's current state, our plan would be to expand mostly in China.
Sanjay Shrestha - Lazard Capital Markets
Got it. And a few more, if I may. So you guys just announced on Tuesday about your cooperation of the Export-Import Bank of US lowering just loan for solar project outside the United State. That talks about potential opportunity of 19 megawatt. What sort of a time frame are we talking about for that?
Terry Bailey
Yes, Sanjay this is Terry. So the timeframe depends upon the type of project that that's being thought about. It can be anywhere from four week to three months for it go to the system. Generally speaking they go through fairly smoothly, while we put into place was an easy way to work with our customers to help them through the paper work and get it all done, and working closely with Ex-Im Bank, so they know what to expect is on the way. But depending upon size and complexities four weeks to three months.
Sanjay Shrestha - Lazard Capital Markets
Okay, one follow up on that then. Can you update us on your prior very impressive backlog that you guys had, given that the world and change that we've gone through with the ASP reduction, how firm those commitments are still at this point in time? And two can you also update also on your silicon position as to given what's going on also on the spot silicon market and is there any risk for you guys to potentially have to write down or potentially re-negotiate your existing long term silicon contract?
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