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LDK Solar Signs Wafer Supply Contract with Realforce Power

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LDK Solar Co., Ltd. ("LDK Solar") (NYSE: LDK), a leading vertically integrated manufacturer of photovoltaic products, today announced that it has signed a wafer supply contract with Realforce Power Co., Ltd, a photovoltaic (PV) company located in Shandong Province, China.  Under the terms of the agreement, LDK Solar will provide 120 million 6-inch wafers, totaling approximately 500 megawatts (MW), with shipments commencing in May 2013 through December 2014. 

"We are pleased to enhance our market position in the China region through this new wafer sales agreement," stated Xingxue Tong, President and CEO of LDK Solar. "We believe the China region, which is expected to reach 10 gigawatts (GW) in 2013, represents the strongest global growth opportunity.  This contract demonstrates the continued demand for our solar wafers.  We are confident that our high quality wafers can meet new market requirements," concluded Mr. Tong.

About LDK Solar (NYSE: LDK)

LDK Solar Co., Ltd. (NYSE: LDK) is a leading vertically integrated manufacturer of photovoltaic (PV) products. LDK Solar manufactures polysilicon, mono and multicrystalline ingots, wafers, cells, modules, systems, power projects and solutions. LDK Solar's headquarters and principal manufacturing facilities are located in Hi-Tech Industrial

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Posted-In: News Guidance Contracts Management Global

 

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