LDK to develop solar power in China

Photo: Wikimedia CommonsLDK Solar Co Ltd, manufacturer of multicrystalline solar wafers, has partnered with Yancheng City of Jiangsu Province in China for the development of photovoltaic (PV) solar power projects over the next five years.

LDK Solar will develop a number of PV power projects, including PV ground-power stations, and roof and building integration systems totaling up to 500 MW.

Yancheng City, one of the most important wind power bases in China, is home to the largest coastal area and is rich in natural resources.

"We plan to partner with LDK Solar to build large ground-power stations to take advantage of wind and photovoltaics as complementary power sources. With the support of the Chinese government and their financial subsidy programmes, we hope that our partnership with LDK Solar further increases the development of solar resources and promotes growth of the solar PV industry in Yancheng City," , said Li Qiang, Yancheng mayor.

"We believe that an increasing number of PV application projects will originate in China in the future and we will continue to work to position LDK Solar favorably within China's rapidly developing PV market," said Xiaofeng Peng, chairman and CEO, LDK Solar.