Jiangxi LDK Solar REC Over Norway As The World's Largest Manufacturers Of Silicon

PV enterprises in China who will become the first first in the world of suspense was finally opened. Jiangxi Xinyu silicon in the leading LDK Solar 8月12 issued in the second quarter, the report revealed that the Corporation for the year ending June 30 of the silicon wafer production capacity of 880 MW, sales reached 191.7 MW, both more than the previous world silicon boss -- REC company.

Norway as a well-known photovoltaic manufacturers, REC is the world's few have complete industrial chain of photovoltaic company's REC Silicon and REC Wafer is the world's largest solar energy applications for the production of solar grade silicon and polysilicon - Enterprises. The company's annual and quarterly financial statements show that its 2008 production of silicon planned for 800 MW; 2008 in the second quarter wafer sales of the 139 MW.

Earlier, LDK Solar has been the size of the company after the REC, ranking first in Asia and second in the world.

LDK Solar II Bulletin, the company second quarter revenue amounted to 441.7 million U.S. dollars, up 89.2 percent the previous quarter, total revenue for the first half of 675.1 million U.S. dollars. As at the end of the second quarter, the company signed a nine long-term silicon supply agreement, the second quarter of the total wafer shipments increased 60.8 percent to 191.7 megawatts.

This, LDK Solar, chairman and CEO Peng Xiaofeng said that "the second quarter, the company's wafer production capacity exceeded our expectations. In order to meet sales orders, we once again raise the annual production target, is expected by the end of 2008 will reach 1,200 megawatts, the end of 2009 Will reach 2,200 MW, 2010 will reach 3,200 MW. "

"We have orders into the the 2018, orders total quantities exceeding 12 GW (12000MW), the world's largest number of orders in hand supplier of polysilicon films." Peng Xiaofeng said.

Source: 上海证券报 Aug. 13, 2008