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LDK Solar, Enel Enter Sales Agreement

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Jul 16 2010

LDK Solar Co., Ltd. ("LDK Solar") (NYSE: LDK), a leading manufacturer of solar wafers and PV products, today announced that it has signed a module supply contract with Italy-based Enel.Si S.r.l., a wholly owned subsidiary of Enel S.p.A.

Under terms of the agreement, LDK Solar will supply Enel with LDK Solar branded modules totaling 50 megawatts (MW), with 30 MW deliverable in this quarter and an option for an additional 20 MW in the fourth quarter of 2010.

"We are very pleased to enter this sales agreement with Enel, a globally recognized power provider and dedicated leader in the production of PV systems," stated Xiaofeng Peng, Chairman and CEO of LDK Solar. "As demonstrated by this contract, our module business continues to build momentum. We hope to continue to expand our relationship with Enel and partner on future projects."

Source: http://www.ldksolar.com/

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