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Posted: November 14, 2008
LDK Solar in 3-Year Deal to Supply Multicrystalline Solar Wafers to BP Solar
(Nanowerk News) LDK Solar Co., Ltd., a leading manufacturer of multicrystalline solar wafers, has announced that it has signed a three-year contract to supply multicrystalline solar wafers to BP Solar International, Inc.
Under the terms of the agreement, LDK Solar will deliver approximately 435 MW of multicrystalline silicon solar wafers over a three-year period, commencing in 2009 and extending through 2011. During this period BP Solar International will supply a minimum of 1,680 MT of silicon to LDK Solar.
“We are very pleased to extend our relationship with BP Solar,” stated Mr. Xiaofeng Peng, Chairman and CEO of LDK Solar.“This additional wafer supply contract expands our North American presence and further enhances LDK’s position as a market leader.”
“BP Solar has ambitious growth plans over the next few years. We are committed to our customers and ensuring that they receive high quality products at competitive prices. So we are delighted with this supply agreement with LDK Solar that supports this approach,” commented Reyad Fezzani, CEO of BP Solar.
About LDK Solar
LDK Solar Co., Ltd. is a leading manufacturer of multicrystalline solar wafers, which are the principal raw material used to produce solar cells. LDK Solar sells multicrystalline wafers globally to manufacturers of photovoltaic products, including solar cells and solar modules. In addition, LDK Solar provides wafer processing services to monocrystalline and multicrystalline solar cell and module manufacturers. LDK Solar's headquarters and manufacturing facilities are located in Hi-Tech Industrial Park, Xinyu City, Jiangxi Province in the People's Republic of China. LDK Solar's office in the United States is located in Sunnyvale, California.
About BP Solar International, Inc.
BP Solar is a global company with over 2300 employees. BP Solar designs, manufactures and markets products which use the sun's energy to generate electricity for a wide range of applications in the residential, commercial and industrial sectors. With over 30 years of experience and installations in more than 160 countries, BP Solar is one of the world's leading solar companies. BP Solar has manufacturing plants in Australia, India, Spain, the USA and China. BP Solar invests more than $10m annually in photovoltaic research and development. For more information, please visit www.bpalternativenergy.com.