Q-Cells AG concludes a supply agreement with LDK for silicon wafers with a total output of more than 6 GWp
Bitterfeld-Wolfen, 10 December 2007
Source: Q-Cells AG press release
http://www.qcells.de/cmadmin_2_542_0.html
Q-Cells AG (QCE; WKN 555866) has concluded a supply agreement for silicon wafers with the Chinese solar company LDK Solar Co., Ltd. The agreement is a ten year “take or pay” contract covering the period from 2009 to 2018. The total volume will enable Q-Cells to manufacture cells with an overall output of more than 6 gigawatt peak (GWp) additional to current expansion plans. The agreement is based upon the conversion of silicon (43,000 tonnes) into wafers. Deliveries will start with 1,000 tonnes in 2009 and will rise to 5,000 tonnes p.a. by 2013.
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