LDK Solar Invest 12 Billion Yuan To Expand Output Of 15,000 Tons Silicon Building Material Base

Jiangxi LDK Solar Co., Ltd. is focused on high-tech solar polysilicon materials, ingot and polysilicon film development, production, sales of high-tech photovoltaic enterprises, is currently the world's largest solar polysilicon film production enterprises. LDK Solar recently announced the adjustment of production capacity expansion programme, in 2008 the planning capacity of 800 MW to 1,100 MW, 1,600 MW from 2009 to 2000 MW. The end of this year, LDK Solar capacity is expected to become the world's first solar-polysilicon suppliers.

LDK Solar chairman Peng Xiaofeng in an interview with reporters, said, LDK goal is to become the world's economy, the biggest supplier of silicon solar cells, "We want to be a leader in this industry, not only in sales , But also in the market share of the absolute superiority. "

2007, LDK Solar company successfully listed in New York, the total amount of the financing of up to 469 million U.S. dollars, is three years in the United States to finance the maximum amount of Chinese enterprises. Just more than half of 2008, LDK Solar notice, will invest 12 billion yuan of new scale of 15,000 tons of silicon material production base. Currently SinoVideo already has more than 420 megawatts of polysilicon film production.

Source: 香港《文汇报》 Jul. 31, 2008