LDK Solar Co. Ltd. has signed a 10-year contract to supply multicrystalline solar wafers to Taiwan-based Neo Solar Power Corp. (NSP). Under the terms of the agreement, LDK will receive a cash deposit from NSP, and pricing will be fixed for the entire contract period. During this period, LDK Solar will deliver approximately 500 MW of multicrystalline solar wafers to NSP, with delivery commencing in 2009.
‘We are very pleased to expand our partnership with NSP through this additional wafer supply contract,’ says Xiaofeng Peng, chairman and CEO. ‘As a key supplier to NSP, LDK Solar is proud to contribute to their manufacturing of high-quality solar cells.’