LDK Solar to Make Investment in Novel Solar Module and Cell Facility

LDK Solar Co., Ltd., a leading multicrystalline polysilicon, solar wafers and PV products manufacturer, has been invited by the Anhui Provincial Government for investing in a solar module and cell facility located in Hefei High-Tech Industrial Development Zone to create a renewable energy production hub in that province.

This plant will comprise an overall annualized capacity of 500 MW of solar modules and 1 GW of solar cells that are crystalline-based. Production in this facility is likely to start in Q2 of 2011. A RMB2.5-billion financing will be provided by Hefei High-Tech Construction and Investment Group to LDK Solar for building this facility for a period of three years. This new investment will help LDK Solar expand its manufacturing and research capabilities.

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