Saturday, October 18, 2008

LDK Solar inks 90-megawatt supply contract

October 17, 2008

NEW YORK (AP) - LDK Solar Co., which makes solar wafers, said Friday it has signed a three-year "take-or-pay" contract to supply solar wafers to a U.S.-based energy company.
Financial terms of the deal, as well as the customer's name, were not disclosed.

China-based LDK Solar will supply about 90 megawatts of silicon solar wafers over three years starting in 2009. The customer will supply at least 300 metric tons of polysilicon, and make a down payment.

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