SUNNYVALE, Calif. and XINYU CITY, China, July 26 /PRNewswire-FirstCall/-- LDK Solar Co., Ltd. (NYSE: LDK), a leading manufacturer ofmulticrystalline solar wafers, announced today that it has securedadditional contracts for production equipment that will enable the Companyto expand its wafer production capacity to 1,600MW by the end of 2009. Under these contracts, LDK will purchase additional directionalsolidification system (DSS) furnaces and wire saws for use in itsmanufacturing facilities in Xinyu City, China.
"By securing this equipment, we will be able to execute our plans todouble our production capacity annually through 2009, in order to addressthe strong demand for solar wafers," stated Xiaofeng Peng, Chairman andCEO. "These agreements represent another key step towards fulfilling ourvision to become the largest and lowest cost producer in the solar waferindustry."
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