Under the terms of the agreement, pricing is fixed for the first three years. During this period, LDK Solar will deliver multicrystalline solar wafers to Solartech valued at approximately $224 million, with initial delivery commencing in 2008.
Xiaofeng Peng, chairman and CEO of LDK Solar, said: We are pleased to strengthen our long-standing partnership with Solartech, one of our first customers. We continue to selectively allocate our wafer supplies and to build our presence as a global leader in the solar industry.
