Chinese photovoltaic (PV) manufacture LDK Solar has been contracted by US company Advanced Solar Products to supply solar modules for a 14.1MW project in New Jersey.
The 50,803 panels will be ground mounted at the East Windsor facility of information services company McGraw-Hill. It will be the largest net-metered and privately-owned project of its kind in the Western Hemisphere. All LDK equipment will be delivered in November with construction scheduled to begin in July next year and the system operational in 2012. The estimated cost of the development is $60m.
Xiaofeng Peng, CEO of LDK Solar, said, 'LDK Solar has recently invested in the establishment of a US-based sales and marketing operation in Silicon Valley, California. A project of this magnitude represents a tremendous opportunity to further expand our North America presence. We applaud McGraw-Hill's commitment to renewable energy and look forward to helping bring this project to completion.'
Last month, the resignation of LDK's audit committee head caused a fall in the company's share price but it also saw orders for projects with a combined capacity of 35MW in China