LDK Solar In New Deal With GT Solar

LDK Solar Co. Ltd., which has U.S. headquarters in Sunnyvale, Calif., has signed an agreement to purchase polysilicon production equipment from GT Solar Inc., a manufacturer of multicrystalline solar wafers based in Merrimack, N.H.

In this agreement, LDK Solar will purchase polysilicon reactors and other polysilicon production equipment for installation at its manufacturing facilities in Xinyu City, China, for the production of multicrystalline solar wafers.

Financial terms of the deal were not released.

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