Tag Archives: LDK Sola

LDK Solar (LDK) Acquires Manufacturing Plant From Best Solar

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