A Chinese state-owned engineering, procurement and construction (EPC) firm has placed a 60.5MW module order with LDK Solar.
The order was placed by Shanghai SNERDI Engineering Consulting and Management, a subsidiary of State Nuclear Power Technology Corporation (SNPTC).
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LDK’s joint provisional liquidators confirmed that shipments for the deal had already begun.
“We are pleased to enter into this new agreement with SNPTC,” stated Xingxue Tong, interim chairman, president and CEO, LDK Solar. “Through provision of our modules to SNPTC for their project in Xinjiang, we continue to demonstrate our commitment to our customers not only in the international markets but also in China's home market,” concluded Tong.
LDK is currently under going restructuring but requires cash to continue the process.
Three of the company’s US subsidiaries filed for chapter 11 bankruptcy in September.
