SPI Solar, KDC Solar Enter EPC Agreement

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SPI Solar, a vertically integrated photovoltaic solar developer and engineering, procurement and construction (EPC) services provider, says that it and its majority shareholder, LDK Solar, have entered into an agreement with KDC Solar LLC.

Under the terms of the agreement, SPI Solar will serve as KDC Solar's preferred provider of EPC and operations and maintenance (O&M) services for a significant portion of KDC Solar's portfolio of solar energy projects in New Jersey and New York.

The three-year agreement establishes a minimum commitment for KDC Solar to offer 150 MW of projects for SPI's consideration, and sets a goal for KDC Solar and SPI to potentially develop a total of 300 MW in projects across New Jersey and New York.

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