Page 74-75 - Global Renewables Online January 2012

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GLOBAL RENEWABLES ONLINE - JANUARY 2012
LDK SOLAR SIGNS AGREEMENT WITH
OSM SOLARFORM CORP.
TORONTO/CNW/ - LDK Solar
Co., Ltd. (“LDK Solar”) (NYSE: LDK),
a leading, vertically-integrated,
manufacturer of PV products and
OSM Solarform Corp. (“OSM”), an
Ontario local PV module manufac-
turer, have reached a cooperation
agreement. Under terms of the
agreement, approximately 20 mega-
watts (MW) of LDK certificated solar
modules with LDK warranty will be
made on the manufacturing line of
OSM in Ontario. LDK and OSM will
also enter into a non-exclusive
distribution agreement for OSM to
manufacture and distribute LDK
modules.
“We are very excited to expand
our relationship with OSM. This
relationship will allow LDK Solar to
take advantage of the wealth of solar
opportunities that OSM has
developed in Ontario Canada,” stat-
ed Xiaofeng Peng, Chairman and
CEO of LDK Solar. “This agreement
with OSM demonstrates our
continued momentum in growing
our global vertically integrated solar
business.”
“We are extremely pleased to have
the opportunity to partner with LDK
Solar. OSM is well positioned in the
Ontario Canada and North
American marketplace to work with
LDK to expand their global reach.”
stated John Gamble President and
CEO of OSM.
ABOUT LDK SOLAR (NYSE: LDK)
LDK has developed into one of the
high-tech photovoltaic enterprises
with integrated, R&D production
sales of poly-silicon chemical wafer
and cells & modules, as well as PV
project engineering. LDK Solar
currently has manufacturing facili-
ties in Xinyu, Nanchang, Suzhou
and Hefei, and has employees over
20000, and LDK Solar’s office in the
Canada is located in Burlington,
Ontario.
In July, 2005, LDK was registered
in Xinyu, Jiangxi Province, started
production in April, 2006. On July
1st, 2007, LDK successfully listed in
NYSE financiered 0.46 billion
dollars, became the first company
of Jiangxi, China listed in NYSE. It
fulfilled the largest IPO of new
energy industry and largest single
IPO in China.
In 2008, our revenue had
exceeded 12 billion Yuan, become
the youngest top 500 enterprise in
China, the seventh enterprise and
the sole non-state high-tech
enterprise whose revenue had
exceeded 10 billion Jiangxi province.
In 2009, our capacity reached
1800MW and shipment 1000MW,
became the sole PV enterprise whose
sales exceed 1000MW all over the
SOLAR NEWS
** NEWS COURTESY OF CANADA NEWSWIRE