LDK Solar, a manufacturer of polysilicon, multicrystalline solar wafers and PV products, has secured $300m contract to supply polysilicon solar products for BYD Company, a China-based enterprise engaged in IT, automobiles and green energy.

Under this two-year sales contract, LDK Solar will supply polysilicon solar products with monthly shipments expected to commence in January 2011 and extend through the end of 2012.

LDK Solar looks upon the agreement with BYD as a testament to the ability of its polysilicon facilities to provide customers with quality PV products that can help them achieve their business goals.

LDK Solar chairman and CEO Xiaofeng Peng said that the company is very excited to add BYD, a leading high-tech enterprise that has a strong commitment to the green energy sector, as a key customer.