Posted in | News | Solar Energy | Renewable Energy

LDK Solar Secures Wafer Supply and Critical Polysilicon Sourcing Agreement

Apr 4 2008

LDK Solar Co., Ltd., a leading manufacturer of multicrystalline solar wafers, today announced that it has signed a wafer supply agreement with Silcio S.A. Greek for 6 years commencing in 2008 through 2013. This agreement includes 50 MW of silicon wafer with a fixed amount of deposit. An additional sales agreement was signed with Arise Corporation of Canada, which is a 4-year "Take or Pay" contract for 33 MW silicon wafers to be delivered from 2008 through 2011.

LDK Solar also secured an additional critical polysilicon sourcing agreement for 1,450 MT with shipments scheduled for the first half of 2008 through 2011. This agreement will enhance the Company's polysilicon sourcing position in the near term.

"We are thrilled to continue growing our global presence with the addition of Silcio S.A. Greek and Arise Corporation to our broad customer base," stated Xiaofeng Peng, Chairman and CEO.

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