LDK Solar inks contract with Japanese company
NEW YORK --LDK Solar Co. said Friday it has signed an eight-year contract with Japan's
Under the terms of the deal, LDK will supply about 750 megawatts of multicrystalline silicon wafers to Sumitomo.
Sumitomo will make an advanced payment on a portion of the contract to LDK, though precise financial terms were not disclosed.
LDK shares fell $1.75, or 3.8 percent, to $44.23 in trading after the opening bell. 