Premarket Alert: LDK Solar (LDK)

Posted in General 
July 1st, 2009

LDK Solar Co. (NYSE: LDK) shares are active, up about 3 percent on more than 5,000 shares in very early premarket trading after the company announced plans to build five photo-voltaic plants in Italy’s Apulia region.

With help from private systems integrator SAEM Srl, LDK solar will build five one-megawatt plants. Construction will start in July and is expected to be completed by November of this year. LDK Solar will supply the solar wafers for the project, while its partner will provide engineering, procurement, construction services and system integration.  — Mike Tarsala

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