Under terms of the agreement, LDK Solar will supply the solar wafers and Best Solar will manufacture the solar modules for the planned projects.

“In order to take advantage of the opportunities created by the latest PRC government policies to financially support the construction and operation of PV power stations in China, LDK Solar and Best Solar have agreed to cooperate with each other, by taking advantage of our respective complementary strengths in the different sectors of the PV industry,” says Xiaofeng Peng, Chairman and CEP of LDK Solar.

Best