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Q-Cells and LDK Solar form solar PV systems JV for Europe and China

Q-Cells SE and LDK Solar Co Ltd have formed a joint venture (JV) focusing on large solar photovoltaic (PV) systems and market development in Europe and China – the first 40 MW is already underway.

A joint solar PV project pipeline is in place. The projects of the JV will use solar wafers from LDK Solar and solar cells from Q-Cells.

The solar PV systems JV is already in discussions with potential buyers of the first turn-key project in Europe, and is in the planning stages for future joint projects in the Chinese market.

Q-Cells and LDK Solar say they intend to take advantage of value chain optimisation and integrated cost reduction.

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