Continued strong demand in the PV market has seen LDK Solar raise its revenue and shipment guidance for its third quarter financial results. The China-based integrated PV manufacturer said that it expects to report revenue in the range of US$610 to US$640 million, up from previous guidance of US$570 to US$600 million.
Wafer shipments, the core of the company’s activities are expected to reach between 550 to 570MW, compared to previously guided shipments of between 520 to 550 MW.
Modules, it newest venture are expected to reach shipment levels of between 80 and 90MW, compared to previous guidance of 75 to 85MW.
LDK Solar also noted that its polysilicon capacity at the end of September, 2010 had reached a planned 11,000MT. Wafer capacity had now reached 2.6GW and 120MW of capacity had been reached in solar cell manufacture. Back in April, 2010 LDK Solar had projected wafer capacity would reach 2.6GW in 2011.
The biggest expansion outside wafer production was modules, reaching a nameplate capacity of 760MW.