LDK Solar CO., Ltd. in provisional liquidation announced on December 12th that its Chinese subsidiary, LDK Solar Hi-Tech (Nanchang) Co., Ltd., has signed a new module supply agreement with Ningxia Hui Autonomous Region Electric Power Design Institute, a EPC company in China and owned by Power Construction Corporation of China. Under terms of the agreement, LDK Solar Nanchang will provide modules totaling 30.6 megawatts for a solar project in Ningxia with shipments commencing immediately.
"We are pleased to enter into this new agreement with Ningxia Hui Autonomous Region Electric Power Design Institute," stated Xingxue Tong, Interim Chairman, President and CEO of LDK Solar. "With this solar project in Ningxia, we reiterate our commitment to our customers in the China domestic market and in the international markets" concluded Mr. Tong.