Saturday, September 6, 2008

LDK Solar Reaches 1GW Goal

LDK Solar recently announced reaching the milestone of 1.0 gigawatts (GW) annual production capacity at its solar wafer production facility.

"We are proud to reach this significant milestone and remain confident in our ability to expand to 1.2 GW wafer capacity by the end of 2008. This achievement demonstrates our continued commitment to becoming the largest and lowest cost wafer producer in the solar industry," Xiaofeng Peng, Founder, Chairman and CEO of LDK Solar, said.

LDK Solar's 1.0 GW production capacity is in line with the company's publicly announced plans to reach a target annualized wafer production capacity of up to 1.2 GW by the end of 2008, 2.2 GW by the end of 2009 and 3.2 GW by the end of 2010.

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