LDK Signs Wafer Supply Agreement With Hyundai Heavy Industries

Posted by SI Staff on February 22, 2008 No Comments
Categories : Projects & Contracts

LDK Solar Co. Ltd. has signed an eight-year take-or-pay contract to supply multicrystalline solar wafers to Republic of Korea-based Hyundai Heavy Industries Co. Ltd (HHI).

Under the terms of the agreement, LDK Solar will deliver 450 MW of solar wafers to HHI over an eight-year period, commencing in late 2008 through 2015. HHI will make an advanced payment representing a portion of the contract value to LDK Solar.

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