LDK Solar (LDK) just announced that it is acquiring Best Solar Co’s crystalline module manufacturing plant. Under the terms of the agreement, LDK will pay Best Solar $21.5 million for the plant. In a press release, Jack Lai, Executive Vice President, Chief Financial Officer, and Secretary of LDK commented on the acquisition:

This acquisition will significantly enhance LDK Solar’s position in the downstream PV market. LDK Solar has been fulfilling the majority of its solar … Read the rest