Thursday, August 30, 2007

LDK Solar Signs Pact To Supply Multicrystalline Solar Wafers To NSP

Wednesday, August 29, 2007; Posted: 03:41 AM

(RTTNews) - LDK Solar Co., Ltd. on Wednesday reported that it has signed a contract to supply multicrystalline solar wafers to Taiwan-based Neo Solar Power Corp.

As per terms of the deal, LDK Solar would deliver multicrystalline solar wafers to Neo Solar Power, or NSP, at a price of about US$495 million through the end of 2009.

NSP said that this wafer supply deal further strengthens its silicon supply chain for the production of high quality solar cells. Moreover, this relationship gives NSP a great opportunity to strengthen its competitive position in the marketplace.

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