Monday, July 20, 2009
LDK Acquires 70% of Solar Green Technology
Chinese solar wafer manufacturer LDK (NYSE:LDK) has acquired a 70% equity interest in the Italian systems integrator Solar Green Technology SpA. Solar wafers are the principal raw material used to produce solar cells, devices capable of converting sunlight into electricity. LDK's headquarters are located in Xinju, Jiangxi province, China.