PROJECT | Cesar Tordesillas, China

LDK Solar wins three 200 MW contracts in China

 LDK Solar will develop solar projects totaling 600 megawatts the cities of Jiuquan, Jayuguan and Zhangye in Gansu province, China.

The solar products manufacturer has signed three multi-year contracts covering the deal.

The company will build plants of 200 MW in each of the cities.

"These contracts demonstrate continued demand for photovoltaic project development services within China," said LDK Solar CEO Xiaofeng Peng.

LDK solar has said that it expects China's solar power demand to increase to 3-4 gigawatts this year from about 1 GW in 2011. The company's sales to China made up 39 percent of total sales in 2011, up from 34 percent in 2010.

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