UK and China Form Solar Alliance
LDK Solar Signs Agreement with Romag
The parties have agreed to enter into negotiations with a view to collaborating together in respect of the supply, research, development and design of photovoltaic products and raw materials.
The collaboration is the first of its kind for a UK manufacturer of PV products and demonstrates Romag's desire to support the UK Government's commitment to further developing expertise in the solar industry.
Phil Murray, Managing Director of Romag, stated "The rapid growth of PV installations in the UK has demonstrated that there is a vibrant market for PV, in both residential and commercial markets. With customers facing constant increases in energy costs, we believe that the adoption of microgeneration technologies (such as PV) will continue to grow.
"The evidence is clear - PV is a reliable source of energy and clearly reduces damaging emissions into our environment .I'm delighted that Romag has joined forces with LDK Solar to share expertise in this field and develop products which are particularly suited to the UK and Europe."
Stuart Brannigan, Vice President Global Sales and Marketing, LDK Solar "As a Brit and an industry veteran of almost 25 years in the solar industry, I have watched the UK market develop over the last two to three years into one of the strongest in Europe. Romag have been an integral part of this process and we are delighted that we have the chance to play a significant role in cementing the long term future of PV in the UK."
Greg Barker, Minister of State, said: "It is very rewarding to see China and the UK working together in this emerging industry in a true joint venture."
Romag have been manufacturing photovoltaic (PV) products at its factory in County Durham since 1995 and employ an experienced team of leading PV experts. For more information about Romag and its products, please visit http://www.romag.co.uk.
LDK Trading Service Germany GmbH
LDK Solar Co., Ltd. (NYSE: LDK) is a leading vertically integrated manufacturer of photovoltaic (PV) products. LDK Solar manufactures polysilicon, mono and multicrystalline ingots, wafers, cells, modules, systems, power projects and solutions. LDK Solar's headquarters and principal manufacturing facilities are located in Hi-Tech Industrial Park, Xinyu City, Jiangxi Province in the People's Republic of China. LDK Solar's office in the United States is located in Sunnyvale, California.
For more information about LDK Solar and its products, please visit http://www.ldksolar.com/.