ABB signs $36 million systems and equipment contract with LDK Solar

ABB has announced that it has entered into a more than $36 million solar equipment, system and service contract with LDK Solar. The agreement will see ABB, the power and automation technology company, supply electrical systems, equipment and project management services to LDK for its new polysilicon production plant in Xinyu City, China.

As project managers, ABB will provide all services required to get the plant up and running. On completion, the plant will be Asia’s largest polysilicon plant, boasting an annual capacity of 15,000 metric tons. The first production line is scheduled to be completed in the fourth quarter of 2008, with an estimated output of 5,000 to 7,000 metric tons of polysilicon for 2009.

By Síle Mc Mahon

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