LDK Solar Signs $300M Supply Deal

LDK Solar Co. Ltd., a manufacturer of polysilicon and multicrystalline solar wafers and PV products, says it has signed a $300 million two-year polysilicon supply agreement with BYD Co. Ltd., a China-based company specializing in IT, automobiles and green energy.

Under the terms of the agreement, LDK Solar will supply polysilicon in monthly shipments, which are expected to commence in January 2011 and extend through the end of 2012.

SOURCE: LDK Solar

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