LDK Solar Signs Photovoltaic Supply Contract With Gestamp Solar

LDK Solar Co., Ltd. ("LDK Solar") (NYSE: LDK), a leading manufacturer of multicrystalline solar wafers and PV products, announced today that it has signed a contract to supply solar modules to Spain-based Gestamp Asetym Solar, S.L. ("Gestamp Solar"), a subsidiary of Gestamp Corporation. Under terms of the agreement, LDK Solar will deliver 15.8 megawatts (MW) of solar modules to Gestamp Solar during the third quarter.

"We are very pleased to commence a relationship with Gestamp Solar, a leader in the development of PV projects," stated Xiaofeng Peng, Chairman and CEO of LDK Solar. "As demonstrated by this contract, we continue to experience solid demand for our modules. We hope to continue to expand our relationship with Gestamp Solar and partner on future projects."

LDK Solar Co., Ltd. (NYSE: LDK) is a leading vertically integrated manufacturer of photovoltaic (PV) products and the world’s largest producer of multicrystalline wafers. LDK Solar manufactures polysilicon, mono and multicrystalline ingots, wafers, modules, and engages in project development activities in selected segments of the PV market.

Through its broad product offering of mono and multicrystalline solar wafers and modules, LDK Solar provides its customers with a full spectrum of solutions. LDK Solar’s headquarters and manufacturing facilities are located in Hi-Tech Industrial Park, Xinyu City, Jiangxi Province in the People’s Republic of China. LDK Solar’s office in the United States is located in Sunnyvale, California. For more information about our company and products, please visit www.ldksolar.com

Gestamp Solar is one of the reference companies in the solar business, vertically integrating all the processes needed in facilities both photovoltaic and solar thermal: development, design and manufacture of components, construction, operation and maintenance.

The company, with presence in Spain, Italy, USA, India, France and South Africa, has built two of the ten largest photovoltaic plants in the world located in Murcia. Currently, it manages a total of 85 MWp.

Gestamp Renewables, as a part of Gestamp Corporation, integrates its three lines of activity in renewable energies: Gestamp Solar, Gestamp Wind and Gestamp Biomass. Gestamp Corporation is a European leader in the field of steel, with a turnover of 4,000 million euros in 2009 and over 20,000 employees working in its 80 plants spread across 25 countries.