EA Solar Phitsanulok Co., a subsidiary of Thai’s PV developer Energy Absolute Public Company, has signed an agreement to purchase approximately 67MW of solar PV panels from LDK Solar. The PV module delivery will be commenced in September and be completed by 2015.
Thailand aims to install 1,200MW to 1,500MW of solar capacity in 2015, making it one of the most important markets in the Southeast Asia. EA Solar Phitsanulok and LDK Solar’s agreement will help the Thai government to achieve its installation goal, while will help LDK Solar to expand their business coverage globally.
“With this new order for module shipments to Thailand, we reiterate our commitment to our customers in the China domestic market and in the international markets,”stated Xingxue Tong, President and CEO of LDK Solar. “Although we experienced slower than expected business in the first half of 2015, we are confident that the sales and marketing outlook in the second half of 2015 will be much improved. We strike our efforts in rebuilding LDK Solar as one of the major players in the solar industry.”