Thursday, January 17, 2008; Posted: 02:04 PM
(RTTNews) - Thursday, LDK Solar Co., Ltd. , a manufacturer of multi crystalline solar wafers, announced signing a ten-year contract to supply multi crystalline solar wafers to growing Taiwan-based Neo Solar Power Corp. or NSP.
As per the agreement, LDK will receive cash deposit from NSP and pricing will be fixed for the whole contract period. During the currency of the contract, LDK Solar will deliver about 500 MW multi crystalline solar wafers to NSP and its delivery would commence in 2009.
The Xinyu city, China-based company's Chairman and CEO, Xiaofeng Peng, stated, "We are very pleased to expand our partnership with NSP through this additional wafer supply contract, as a key supplier to NSP, LDK Solar is proud to contribute to their manufacturing of high-quality solar cells."
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