Cost competitiveness or supply constraints or both could be behind a new c-Si solar module supply deal between LDK Solar and major project developer, Phoenix Solar. Under the terms of the agreement, LDK Solar is supplying Phoenix Solar with approximately 20MW of solar modules during the second quarter of 2010.
Many major module producers have already said that due to strong demand, especially in Germany and key European markets that they were sold out through the first half of the year and expected continued strong demand throughout the year.
Xiaofeng Peng, Chairman and CEO of LDK Solar said, “Our PV modules are meeting the highest technical requirements and are well suited for a wide range of applications from residential to large-scale power plants. We hope to expand our relationship with Phoenix Solar and partner on future projects.”
Currently, LDK Solar is aggressively ramping its in-house module production to 1.5GW in 2010, boosted by its merger with Best Solar.