LDK Solar Co. Ltd., a manufacturer of multicrystalline solar wafers, has signed a contract to purchase production equipment from China-based JYT Corp.
Under this contract, LDK Solar will purchase furnaces used in the manufacturing of multicrystalline and monocrystalline ingots for installation in its manufacturing facilities in Xinyu City. With a current ingot loading capacity of 800 kg, LDK Solar expects these furnaces to reduce the companys electricity consumption and capital expenditures, while increasing production efficiency.
Delivery will commence this year and extend through 2010. LDK Solar is granted the exclusive right by JYT in purchasing and using this new equipment for the contract period. With this additional equipment, LDK Solar expects to reach 3.2 GW of annualized wafer capacity in 2010.
SOURCE: LDK Solar