LDK Solar Makes Acquisition In The Italian Photovoltaic Installation Market

LDK Solar Co. Ltd., a manufacturer of multicrystalline solar wafers, has acquired a controlling interest in Solar Green Technology SpA (SGT), a system integrator in the Italian market.

LDK Solar says the investment will boost its efforts to develop additional projects and strengthen its presence in the Italian PV sector. SGT will provide project opportunities and technical support related to turnkey solar plants.

‘We believe access to SGT's wealth of resources will be an effective and immediate tool for LDK Solar efforts in managing development activity in the Italian PV market,’ says Xiaofeng Peng, chairman and CEO of LDK Solar.



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