LDK Solar Co. Ltd., previously located in Xinyu City,

Jiangxi ; Gan: ) , translit_lang1_type2 = , translit_lang1_info2 = , translit_lang1_type3 = , translit_lang1_info3 = , image_map = Jiangxi in China (+all claims hatched).svg , mapsize = 275px , map_caption = Location ...

province in the

People's Republic of China China, officially the People's Republic of China (PRC), is a country in East Asia. With population of China, a population exceeding 1.4 billion, it is the list of countries by population (United Nations), second-most populous country after ...

, manufactured 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, silicium), used for the fabrication of integrated circuits and, in photovoltaics, to manufacture solar cells. The ...

s used in

solar cell A solar cell, also known as a photovoltaic cell (PV cell), is an electronic device that converts the energy of light directly into electricity by means of the photovoltaic effect.

s, and provided

wafering Wafering is the process by which a silicon crystal ( boule) is made into wafers. This process is usually carried out by a multi-wire saw which cuts multiple wafers from the same crystal at the same time. These wafers are then polished to the desi ...

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. The absen ...

and multicrystalline wafers. Their distribution network for solar products covered over 43 distributors and wholesalers across 15 countries. LDK filed for

Chapter 11 bankruptcy Chapter 11 of the United States Bankruptcy Code ( Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, w ...

in 2014. 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 is a major prefecture-level city in southern Jiangsu province, China. As part of the Yangtze Delta megalopolis, it is a major economic center and focal point of trade and commerce. Founded in 514 BC, Suzhou rapidly grew in size by the ...

Liouxin in March 1997, and was its chief executive officer until February 2006. Suzhou Liouxin manufactured

personal protective equipment Personal protective equipment (PPE) is protective clothing, helmets, goggles, or other garments or equipment designed to protect the wearer's body from injury or infection. The hazards addressed by protective equipment include physical, elect ...

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., 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 produ ...

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 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 Companies that filed for Chapter 11 bankruptcy in 2014 Companies that have filed for bankruptcy in the People's Republic of China Chinese brands Xinyu