There is news this morning regarding LDK Solar, the Chinese solar company that is in provisional liquidation. Here is the news release:
LDK Solar Co., Ltd. in provisional liquidation and its Joint Provisional Liquidators, Tammy Fu and Eleanor Fisher, both of Zolfo Cooper (Cayman) Limited, announced today that its Chinese subsidiary, Jiangxi LDK Solar Hi-Tech Co., Ltd. (“Jiangxi LDK Solar”), has signed a wafer supply agreement with Solartech Energy Corporation, a Taiwanese company listed on the Taiwanexchange with solar collection manufacturing operations. Under the terms of the agreement, Jiangxi LDK Solar will provide wafers totaling 765 megawatts with shipments commencing in May 2014 through April 2017.
About Solartech Energy Corporation
Founded in May 2005, Solartech Energy Corp. (Solartech) was established on the premise of creating a sustainable business that also provided green energy to the world. Solartech is involved in the business of research, development, and manufacturing of high efficiency solar cells. With an enterprising and pioneering spirit, Solartech strives to provide clean power to the world by expanding its services that facilitate the growth and expansion of photovoltaic projects while ensuring high quality products and developing cutting-edge technologies.
About LDK Solar in provisional liquidation
LDK Solar Co., Ltd. in provisional liquidation is a leading vertically integrated manufacturer of photovoltaic (PV) products. LDK Solar, through its operating subsidiaries, manufactures polysilicon, mono and multicrystalline ingots, wafers, cells, modules, systems, power projects and solutions. LDK Solar’s principal manufacturing facilities are located in Hi-Tech Industrial Park, Xinyu City, Jiangxi Province in the People’s Republic of China. LDK Solar’s subsidiary office in the United States is located in Sunnyvale, California.
ST Staff Writers
This post was prepared by Solar Thermal Magazine staff.