In
2007
and
2008
Canadian
Solar
signed
two
10-year
wafer
supply
contracts
with
LDK,
one
of
the
world’s
biggest
producers,
at
a
time
when
the
PV
business
was
booming
and
many
downstream
manufacturers
deemed
it
necessary
to
lock
themselves
into
long-term
arrangements.
By
2010,
however,
the
winds
had
started
changing,
and
Canadian
Solar
attempted
to
wriggle
out
of
the
deals
–
while
also
clawing
back
a
60m
yuan
($9.6m)
deposit
it
had
made
on
them.
But
LDK
says
that
yesterday,
the
China
International
Economic
and
Trade
Arbitration
Commission
ruled
that
the
deals
are…
