Future Bright for LDK Solar
Posted by Srikant Rajan | # |
03:20:46 pm on May 23, 2008

LDK Solar is a leading manufacturer of solar wafers, a key component in photovoltaic cells(PV).LDK solar has its manufacturing base in China and its US office is located in Sunnyvale ,California.LDK seems to have  ambitious plans to increase its manufacturing capability and build up a formidable solar muscle.It has recently fast tracked completion of a $1 billion manufacturing facility in Xinyu City ,China.It has also secured nearly a dozen contracts with clients such as Moser Baer and Qimonda AG.Hyundai ,another giant has contracted over 1 GW of wafer production from LDK in 2009.Such plans indicate a good financial state of affairs and nice investment prospects .Mary Blackwell ,Ludlow Energy Ventures believes LDK provides an excellent prospect for long term investing particularly in $35 to $40 range.

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