Neo Solar Power secures 500MW wafer supply from LDK Solar

18 January 2008 | By Mark Osborne | News > Materials

LDK Solar has signed a 500MW, ten-year multicrystalline solar wafer supply contract with Neo Solar Power Corp., a subsidiary of Taiwan-based semiconductor foundry UMC. Multicrystalline wafer deliveries are expected to start in 2009.

"We are excited to further develop our working relationship with LDK," commented Dr. Quincy Lin, Vice Chairman and CEO of NSP. "As NSP continues to grow, establishing longer term silicon supply agreements is important to the company, and we are pleased to work with LDK Solar, an industry leader."

LDK will receive a cash deposit from NSP and pricing will be fixed for the entire contract period.

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