LDK Solar Co. Ltd., located in

Xinyu Xinyu (, formerly ), is a prefecture-level city in west-central Jiangxi province, People's Republic of China. History Geography Xinyu has an area of . It has a four-season, monsoon-influenced humid subtropical climate. It can be very hot and ra ...

City,

Jiangxi Jiangxi (; ; formerly romanized as Kiangsi or Chianghsi) is a landlocked province in the east of the People's Republic of China. Its major cities include Nanchang and Jiujiang. Spanning from the banks of the Yangtze river in the north int ...

province in the

People's Republic of China China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's most populous country, with a population exceeding 1.4 billion, slightly ahead of India. China spans the equivalent of five time zones and ...

, manufactures multicrystalline

solar wafer In electronics, a wafer (also called a slice or substrate) is a thin slice of semiconductor, such as a crystalline silicon (c-Si), used for the fabrication of integrated circuits and, in photovoltaics, to manufacture solar cells. The wafer serv ...

s used in

solar cell A solar cell, or photovoltaic cell, is an electronic device that converts the energy of light directly into electricity by the photovoltaic effect, which is a physical and chemical phenomenon.

s, and provides wafering services for both

monocrystalline In materials science, a single crystal (or single-crystal solid or monocrystalline solid) is a material in which the crystal lattice of the entire sample is continuous and unbroken to the edges of the sample, with no grain boundaries.RIWD. "Re ...

and multicrystalline wafers. Their distribution network for solar products covered over 43 distributors and wholesalers across 15 countries. LDK and its Chinese subsidiaries were forced into bankruptcy in 2015.

History

Founding

Xiaofeng Peng founded LDK Solar in July 2005 and is its chairman and chief executive officer. Mr. Peng first founded

Suzhou Suzhou (; ; Suzhounese: ''sou¹ tseu¹'' , Mandarin: ), alternately romanized as Soochow, is a major city in southern Jiangsu province, East China. Suzhou is the largest city in Jiangsu, and a major economic center and focal point of trade ...

Liouxin in March 1997, and was its chief executive officer until February 2006. Suzhou Liouxin manufactured personal protective equipment products like gloves and employed 12,000. He considered adding solar cell wafers to its product line when he realized that no Chinese company was producing them. In 2005, Peng invested $30 million of his own money and $80 million of venture financing into building factories.

Production

LDK stated an annualized solar wafer capacity of 1.46 GW at the end of 2008, and 3GW at the end of 2010. LDK contracted with

Fluor Corp. Fluor Corporation is an American multinational engineering and construction firm headquartered in Irving, Texas. It is a holding company that provides services through its subsidiaries in the following areas: oil and gas, industrial and infrastruc ...

, an American engineering firm, for construction of a 15,000 Ton per Year

polysilicon Polycrystalline silicon, or multicrystalline silicon, also called polysilicon, poly-Si, or mc-Si, is a high purity, polycrystalline form of silicon, used as a raw material by the solar photovoltaic and electronics industry. Polysilicon is produce ...

plant. The first 5000-ton train went into production in July 2009, with the second 5000 train scheduled for Q3 and third and final train by the end of 2010. A Second, 1000 Ton per Year Polysilicon Plant was Bought by LDK from Sunways AG, and entered Production Phase at the end of 2008. On January 16, 2009, LDK announced the completion of their first

production run from their Sunways Plan

Bankruptcy

LDK and its Chinese subsidiaries were forced into bankruptcy in 2015.

References

External links

LDK Solar Co., Ltd.
- ''Official Website'' {{authority control Companies formerly listed on the New York Stock Exchange Solar energy in China Technology companies of China Renewable energy technology companies Companies based in Jiangxi Manufacturing companies established in 2005 Chinese companies established in 2005 Chinese brands Xinyu