LDK Signs Seven-Year Wafer Supply Agreement with Hyundai Heavy Industries Co., Ltd.

Xinyu City, China and Sunnyvale, USA

Under the terms of the agreement, LDK Solar will deliver approximately 440 MW of multicrystalline silicon solar wafers to Hyundai Heavy Industries Co., Ltd over a seven-year period, commencing in 2009 and extending through 2015. Hyundai Heavy Industries Co., Ltd will make a down payment representing a portion of the contract value to LDK Solar.

Source: IWR Online, 02 Sep 2008