LDK Solar Co. Ltd., a manufacturer of multicrystalline solar wafers, has signed a five-year contract to supply multicrystalline solar wafers to Taiwan-based Mosel Vitelic Inc.
Under the terms of the agreement, pricing and quantity is fixed for the first three years. During this period, LDK Solar will deliver multicrystalline solar wafers to Mosel Vitelic valued at approximately $190 million with delivery commencing in 2008.
‘We are delighted to secure supply of high-quality silicon wafers from LDK Solar,’ states Rebecca Tang, president of Mosel Vitelic. ‘We look forward to enhancing our relationship with LDK as we grow our solar business globally.’