LDK Solar (LDK) is expanding its presence in the Italian market this morning by acquiring a 70% controlling interest in systems integrator expert Solar Green Technology. The deal should open up more opportunities in the Italian market.
“We are very excited to acquire a controlling interest of SolarGreen Technology,” stated Xiaofeng Peng, Chairman and CEO of LDK Solar.“SGT’s management and workforce have demonstrated strong competence andboasts solid experience in the PV market. We believe access to SGT’swealth of resources will be an effective and immediate tool for LDKSolar efforts in managing development activity in the Italian PVmarket, which is currently one of the most dynamic and profitableEuropean markets.”
ReneSola (SOL) Completes Trial Run At New Sichuan Plant
Veeco (VECO) Purchases Daystar (DSTI) Assets To Enter CIGS Solar Market
You may also like
02 MarGreen Stocks Central
Some much needed news this morning for a company that continues to struggle and bleed ...