Solar Cells Info

Your Ad Here

Pagevisits since Nov. 8,2006:

LDK Solar Reaches New Milestones in January

* Completes First Polysilicon Production Run
* Celebrates 15 Million Safe Work Hours for 15,000 MT Polysilicon Plant
XINYU CITY, China and SUNNYVALE, Calif.,January 16, 2009
Source: LDK Solar Co. Ltd press release

LDK Solar Co., Ltd., a manufacturer of multicrystalline solar wafers, today announced that a ceremony was held to recognize important company milestones that were reached in early January.  LDK Solar has continued to make significant progress with the construction of its polysilicon plants and is pleased to announce that the 1,000 metric ton (MT) annualized capacity polysilicon plant recently completed its first successful polysilicon production run. The company also announced that it has achieved a major milestone on the 15,000 MT annualized capacity polysilicon plant by completing 15 million safe work hours.

Government dignitaries including the Governor of Jiangxi, Mr. Wu Xinxiong, celebrated reaching these milestones with the LDK Solar management team and Fluor representatives at the ceremony. The entire construction workforce was also in attendance and received an award for its commendable achievement and ongoing commitment to safety.

“We are pleased to report that initial tests from the production run at our 1,000 MT plant indicate that the polysilicon produced is very high quality.The speed of execution that we demonstrated with our wafer plant has been replicated in the construction of our polysilicon plants, and reaching these milestones is truly a commendable achievement and a testament to LDK Solar’s drive and commitment to growth,” stated Xiaofeng Peng, Chairman and CEO of LDK Solar.

“LDK Solar’s growth has been impressive and the Jiangxi government remains committed to supporting LDK Solar as well as the entire local solar industry with their expansion plans. The government will be supporting the construction of a local solar plant to further facilitate business growth in the area,” commented Mr. Wu Xinxiong, Governor of Jiangxi.  LDK Solar will provide its next update on the progress of its polysilicon plant construction during its upcoming fourth quarter and fiscal 2008 earnings call.

About LDK Solar
LDK Solar Co., Ltd. is a leading manufacturer of multicrystalline solar wafers, which are the principal raw material used to produce solar cells. LDK Solar sells multicrystalline wafers globally to manufacturers of photovoltaic products, including solar cells and solar modules. In addition, LDK Solar provides wafer processing services to monocrystalline and multicrystalline solar cell and module manufacturers. 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.