Bloomberg News

LDK to Supply Thailand’s EA Solar With 63 Megawatts of Modules

April 17, 2013

LDK Solar Co. (LDK:US), the maker of solar wafers that yesterday said it missed a bond repayment deadline, will supply 63 megawatts of modules to EA Solar Nakornsawan Co.

LDK, the world’s second-biggest producer of wafers used to make solar cells, plans to start weekly shipments of about 6.3 megawatts to the Thai project developer in August, the Xinyu, China-based company said today in a statement on its website.

“This contract demonstrates the continued demand for our solar modules,” Chief Executive Officer Tong Xingxue said in the statement. LDK said yesterday it missed a deadline to repay $23.8 million of bonds that matured April 15 as it lacked cash.

To contact the reporter on this story: Feifei Shen in Beijing at fshen11@bloomberg.net

To contact the editor responsible for this story: Reed Landberg at landberg@bloomberg.net


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