LDK Solar Co., Ltd. is a leading vertically integrated manufacturer of photovoltaic (PV) products. LDK Solar manufactures polysilicon, mono and multicrystalline ingots, wafers, cells, modules, systems, power projects and solutions. LDK Solar has manufacturing facilities in Xinyu, Nanchang and Suzhou.
In July, 2005, LDK was registered in Xinyu, Jiangxi province, started production in April, 2006. On June 1st, 2007, LDK successfully listed in NYSE financiered 0.486 billion dollars, became the first company of Jiangxi, China listed in NYSE. It fulfilled the largest IPO of new energy industry and the largest single IPO in China
In 2008, the revenue of LDK Solar has exceeded 12 billion Yuan, it became the youngest top 500 enterprise in China, the top ten enterprise and the sole non-state high-tech enterprise whose revenue had exceeded 10 billion Yuan in Jiangxi province. In 2009, LDK Solar became the sole PV enterprise whose sales exceed 1000MW all over the world. The wafer market share of the company occupied almost 20% over the world. In 2010, our revenue exceeded 20billion, and has become the enterprise of the largest shipment and the highest profitability. In 2011, its sales and market share continued to buck the trend to rise. In 2012, the company continued to expand new market through its high-performance wafer M2 and wafer M3. In 2013, our company keeps on its research and development of high-efficient products to proceed forward in the difficult situation.
LDK Solar’s target is to be a leading enterprise in PV industry with key materials and products. In the next 5 years, LDK is transferred from “PV technology enterprise” into “new energy technology group”. The future of LDK is to be a world class new energy leading enterprise with top brand reputation, top operation capability, top R&D capability and top industrial development ability.
As the worldwide demand for electricity increases and the historical reliance on
fossil fuels is being challenged by increasing environmental awareness, the focus
has turned to renewable energy sources. As a reliable and versatile form of renewable
energy, solar PV systems are expected to become a dominant energy source. According to market research, PV is expected to account for over 50% of the world's total electricity generated by renewable energy sources by 2070. Solar is a promising source of future energy supplies because not only is it clean, it's remarkably abundant.