Sunways AG: New polysilicon production facility at LDK Solar commissioned

LDK Solar, Chinese wafer manufacturer and project partner for the construction and start up of a polysilicon production plant of German photovoltaic company Sunways AG (Constance), has started silicon production, Sunways reports in a press release. First polysilicon depositions have been successfully demonstrated. The fine tuning of the production process will occur in the course of the ramp-up phase to further improve the quality of the solar silicon manufactured. Thus, LDK’s delivery of polycrystalline silicon wafers for Sunways’ solar cell production will start during the next few weeks as expected, the German PV producer emphasizes. Within the framework of the 10-year supply contract entered into with LDK Solar in 2007, delivery volumes will increase progressively. Together with the supplies from other raw material contracts, it is expected that Sunways’ production capacities will be fully supplied by fall 2009.   Sunways intends purchase additional raw materials required over the months to come via the spot market. In the spot market, the volume of high-quality solar silicon offered at attractive prices has increased considerably during the past weeks, Sunways points out.

Based on the long-term supply of raw materials now initiated and the related lasting cost reductions, Sunways AG plans to further accelerate its corporate growth and to sustainably improve its profit situation from 2009 onwards.