Q-Cells, LDK Solar Eyeing 5 GW Of Wafers Over Decade

Posted by SI Staff on September 12, 2008 No Comments
Categories : Projects & Contracts

LDK Solar Co. Ltd. has signed an 11-year processing service agreement to process upgraded metallurgical grade (UMG) solar-grade silicon provided by Germany-based Q-Cells AG into wafers.

Under the terms of the agreement, LDK Solar will process a minimum of 20,000 metric tons of UMG solar-grade silicon between 2008 and 2018, with an option to process an additional 21,000 metric tons during the same period.

The processing service agreement is linked to a memorandum of understanding between the parties for LDK Solar to supply Q-Cells with up to 5 GW of multicrystalline solar wafers via a take-or-pay contract for the 10-year period between 2009 and 2018.

SOURCE: LDK Solar

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