The going is good for LDK Solar. First the blow out earnings results yesterday, this morning a new 5 year contract to supply multicrystalline wafers to India based XL Telecom & Energy. They will deliver about 300 MW of the silicon wafers over the 5 yr period, beginning in early 09 with XL Telecom making a down payment for a portion of the contract value. No word on the total value of the contract.… Read the rest
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Short solar?
Jeff from The Option Addict came out with a note showing some short candidates in the Solar Energy space due to their technical weakness. Stocks include CSIQ, LDK, SOL, STP, TAN, WFR, and YGE.… Read the rest
LDK Solar (LDK) Get 10 Year Contract With Photovoltech
LDK Solar (LDK) just got a 10 year contract with Photovoltech to supply multicrystalline solar wafers to Belgium based Photovoltech. LDK will begin supplying the wafers in 2009 with a total of 400MW over the 10 years
“We are very pleased to enter into this long-term agreement with Photovoltech,” stated Xiaofeng Peng, Chairman and CEO. “This most recent supply contract further displays the strong demand for our wafers and also enables us to continue expanding … Read the rest