Tuesday, January 20, 2009

LDK Solar Starts Polysilicon Project

XINYU, Jan 19, 2009 (SinoCast Daily Business Beat via COMTEX) --Chinese solar wafer producer LDK Solar Co., Ltd. recently held an ceremony for the operation of the Phase I of its 16,000-ton polysilicon project in Xinyu City, Jiangxi Province, East China.

The project that broke earth in February 2008 adopts the world-class modified Siemens processes, and it is expected to rank top worldwide by production cost and energy consumption after fully operation.

The firm is to start running the Phase II, which will be capable of producing 5,000 tons of polysilicon per year and is part of a 15,000-ton plant, in mid-2009.

LDK Solar targets to have annual polysilicon production capacity of 16,000 tons at 2009-end, and it will use all the output to make solar wafer, in a bid to secure raw material supply and lower production cost. Besides, the rising polysilicon production capacity will help the company materialize the target of become capable of producing 3,200 megawatts of solar wafer in 2010.

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