LDK Solar teams with Global Power Resources on 100MW of solar projects in Europe



Already having announced solar projects of over 70MW using c-Si PV modules from LDK Solar across Europe, the integrated PV manufacturer has signed its biggest single European deal to date with Global Power Resources for the construction of 100MW of PV plants in 2010. LDK Solar has already announced a project pipeline in China of over 2GW, being rolled out over several years. LDK Solar will be providing engineering, procurement, construction services and supply the solar modules, while GPR will acquire the final ownership of the PV plants.

“Our activities in Europe have been rapidly expanding and are progressing in line with our strategic plan,” stated Xiaofeng Peng, Chairman and CEO of LDK Solar. “Industry participants value LDK Solar as a reliable partner for investing in the PV sector.”

“We are pleased to announce this agreement with a world solar market leader such as LDK Solar. This partnership represents an important step in our strategy of expanding our ownership of PV plants in Europe,” commented Professor Eliyahu Kelman, Chairman of GPR.

The new partners are targeting countries within Europe with established feed-in tariffs, including France, Germany, Italy and Spain.

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