LDK (LDK) Solar Signs Wafer Supply Contract with Solartech Energy

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07:46:45 am on September 3, 2008

LDK Solar announced today that is has signed a 5-yr contract with Solartech Energy. Under the contract, Solartech Energy will receive 550 MW worth of the wafers over a 5 year period starting in 2009 and ending in 2013.

Xiaofeng Peng, the chairman and CEO of LDK Solar commented on the deal:

"We are pleased to expand our long-standing relationship with Solartech with this additional contract. Having worked with Solartech since the company became one of our early customers; we look forward to continuing to support their expansion in the solar market."

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