LDK Solar (LDK) Q-Cells End Solar Supply Rift, Shares Rally

Posted by Tate Dwinnell | # |
09:23:14 am on December 4, 2009

Shares of LDK Solar (LDK) are rallying about 7% on news it has ended the solar supply disagreement with Q-Cells as the two companies settled out of court and will continue their relationship. 

The original supply contract has been amended to be more flexible in supply and pricing.  While the total 10 yr supply won’t change, LDK Solar will ship out fewer modules over the next two years to match current market conditions.

These kinds of disputes usually get dragged out for years in court, so great to see two companies coming to a mutually beneficial agreement!

:::: >>> Click Here For Your FREE LDK Solar Analysis

Tags: ldk solar, Q-Cells If you enjoyed this post, please consider to leave a comment or subscribe to the feed and get future articles delivered to your feed reader.

Comments