Rochester, NY 9/1/2009 10:49:17 AM
LDK Solar Co.Ltd., LDK, Down by 2.60% During After-Market Trading
LDK Solar Co.Ltd.
LDK Solar Co., Ltd. announced that it has entered into an agreement with Yancheng City of Jiangsu Province for the development of PV power projects.
According to the agreement, LDK Solar will develop a number of PV power projects, including PV ground-power stations, and roof and building integration systems totaling up to 500 MW over the next five years. The terms, including financing, design and specific location of each of the projects, will require a feasibility study as well as final approval from relevant state departments prior to initiation.
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Last Trade: 9.00
Day's Range: 8.86 - 9.25
52wk Range: 3.75 - 50.51
Change: Down 0.24 (2.60%)
Volume: 1,837,371
Avg Vol (3m): 5,033,710
ABOUT LDK Solar Co., Ltd.
LDK Solar Co., Ltd., through its subsidiaries, engages in the manufacture and sale of multicrystalline solar wafers to the manufacturers of solar cells and solar modules in the People's Republic of China and internationally. The company offers multicrystalline solar wafers between 180 and 220 microns in thickness. It also provides wafer processing services to monocrystalline and multicrystalline solar cell and module manufacturers. In addition, the company manufactures polysilicon materials, which include ingots and polysilicon scraps. It has a joint venture agreement with Q-Cells SE to develop solar power generation systems. The company was founded in 2005 and is headquartered in Xinyu city, the People's Republic of China.
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