LDK Solar (LDK) announced this morning a 3 year contract to supply solar wafers to an unnamed US energy company and will supply 90 MW beginning next year. Financial terms were also not disclosed.
“This contract contributes to our strong backlog and demonstrates the continued demand that we are experiencing in the marketplace for our wafers, we are very encouraged by the emerging growth in the North America Market,” said Mr. Xiaofeng Peng, Chairman and … Read the rest
Today, LDK Solar announced that it has signed a 7-year contract to deliver approximately 440 MW of microcrystalline solar wafers Korean manufacturing company Hyundai Heavy Industries. The contract calls for the product to be delivered over 7 years, from 2009 to 2015. In exchange for agreeing to produce the wafers, LDK solar will receive a downpayment from Hyundai. Here is what the leadership of both companies had to say about the deal:
"We are pleased … Read the rest