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).
Unlock unlimited access for 12 whole months of distinctive global analysis
Photovoltaics International is now included.
- Regular insight and analysis of the industry’s biggest developments
- In-depth interviews with the industry’s leading figures
- Unlimited digital access to the PV Tech Power journal catalogue
- Unlimited digital access to the Photovoltaics International journal catalogue
- Access to more than 1,000 technical papers
- Discounts on Solar Media’s portfolio of events, in-person and virtual
Or continue reading this article for free
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.