LDK Solar

LDK Solar Commences Commercial Production in Second 5,000 MT Train in its Polysilicon Plant

LDK Solar Co., Ltd., a leading manufacturer of multicrystalline solar wafers and PV products, today announced that its second 5,000 MT polysilicon train has completed the commissioning process and commenced commercial production.

LDK Solar to Invest in New Solar Cell and Module Facility

LDK Solar Co., Ltd., a leading manufacturer of multicrystalline solar wafers, polysilicon and PV products, today announced that the Anhui Provincial Government has invited LDK Solar to invest in a world class solar cell and module facility in Hefei High-Tech Industrial Development Zone in order to establish a renewable energy manufacturing hub in the Province.

LDK Solar Reports Financial Results for Second Quarter of Fiscal 2010

LDK Solar Co., Ltd., a leading manufacturer of multicrystalline solar wafers and PV products, today reported its unaudited financial results for the second quarter ended June 30, 2010.

All financial results are reported in U.S. dollars on a U.S. GAAP basis.

Recent Highlights:

LDK Solar Signs Module Supply Contract with Enel

LDK Solar Co., Ltd., a leading manufacturer of solar wafers and PV products, today announced that it has signed a module supply contract with Italy-based Enel.Si S.r.l., a wholly owned subsidiary of  Enel S.p.A.  Under terms of the agreement, LDK Solar will supply Enel with LDK Solar branded modules totaling 50 megawatts (MW), with 30 MW deliverable in this quarter and an option for an additional 20 MW in the fourth quarter of 2010.

LDK Solar Signs Module Supply Contract with ABB

LDK Solar Co., Ltd., a leading manufacturer of solar wafers and PV products, announced today that it has signed a contract to supply solar modules to the Power Systems division of Italy-based ABB SpA, a subsidiary of ABB Group. Under the terms of the agreement, LDK Solar will deliver 13 megawatts (MW) of solar modules to ABB in the third quarter of 2010. A wider cooperation agreement is under negotiation to supply ABB with larger volumes of solar modules in the remainder of 2010 and 2011.

LDK Solar Announces Update to its Fourth Quarter 2009 Financial Results

LDK Solar Co., Ltd., a leading manufacturer of multicrystalline solar wafers and PV products, announced today the filing of its 2009 annual report on Form 20-F with the Securities and Exchange Commission, including its 2009 audited financial statements.

LDK Solar Signs Module Supply Contract With Gestamp Solar

LDK Solar Co., Ltd., a leading manufacturer of multicrystalline solar wafers and PV products, announced today that it has signed a contract to supply solar modules to Spain-based Gestamp Asetym Solar, S.L., a subsidiary of Gestamp Corporation. Under terms of the agreement, LDK Solar will deliver 15.8 megawatts (MW) of solar modules to Gestamp Solar during the third quarter.

LDK Solar Celebrates Continued Success in Ramping Its 15,000 MT Annualized Capacity Polysilicon Production Plant

LDK Solar Co., Ltd. (NYSE: LDK), a leading manufacturer of multicrystalline solar wafers and PV products, today announced that its second 5,000 MT train in its 15,000 MT polysilicon plant achieved mechanical completion and will begin ramping production. The first train is now operating at capacity in full closed loop mode and is on track to produce at the annualized capacity of 5,000 MT.

LDK Solar Announces an Update to Its Financial Results for the Fourth Quarter of 2009

LDK Solar Co., Ltd., a leading manufacturer of multicrystalline solar wafers and PV products, today announced an update to its fourth quarter 2009 financial results.

LDK Solar Reports Financial Results for First Quarter of Fiscal 2010

LDK Solar Co., Ltd., a leading manufacturer of multicrystalline solar wafers and PV products, today reported its unaudited financial results for the first quarter ended March 31, 2010.

All financial results are reported in U.S. dollars on a U.S. GAAP basis.

Recent Highlights:

  • First quarter 2010 revenue was $347.6 million;
  • Shipped 426.7 MW of wafers and 31.3 MW of modules in the first quarter;
  • Gross margin for the first quarter of fiscal 2010 was 15.7%;
  • Net income was $7.2 million, or $0.06 per diluted ADS for the first quarter;
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