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LDK Solar capacity reaches 570 MW

LDK Solar Co Ltd has added a solar cell manufacturing site in Hefei City, Anhui Province, taking the company’s annual solar cell capacity to 570 MW.

By Renewable Energy Focus staff

"We are very pleased to expand our cell manufacturing to Hefei City, Anhui Province," says Xiaofeng Peng, Chairman and CEO of LDK Solar.

"We believe this increased capacity will enhance LDK Solar's vertical integration strategy, and we expect our module manufacturing costs will be significantly reduced beginning in the second quarter of 2011.

"We would also like to express our sincere appreciation to Hefei City and Anhui Province for their great support in the planning and constructing process of our cell plant in this very nice city. We have hired 2014 employees now working in Hefei."

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Photovoltaics (PV)