XINYU CITY, Apr. 4, 2008 (Thomson Financial delivered by Newstex) -- LDK Solar Co. Ltd. (NYSE:LDK) a manufacturer of multicrystalline solar wafers, announced on Friday that it has signed a 6-year wafer supply agreement with Greece's Silcio S.A. staring in 2008.
China-based LDK said the agreement includes 50 MW of silicon wafer with a fixed amount of deposit and an additional sales agreement was signed with Arise Corporation of Canada, which is a 4-year 'take or pay' contract for 33 MW silicon wafers to be delivered from 2008 through 2011.
The company said it also secured an additional critical polysilicon sourcing agreement for 1,450 MT with shipments scheduled for the first half of 2008 through 2011.
On Thursday, Moser Baer India Ltd. said its unit signed a 10-year contract with LDK for the supply of silicon wafers for producing photovoltaic cells.
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