Ldk Solar Co. Ltd (LDKSY) 0.2100 $LDKSY
LDK Solar's US Chapter 11 plan confirmed
M2 - Mon Nov 24, 7:11AM CST
LDK Solar CO Ltd in provisional liquidation (LDK Solar) (OTC:LDKSY) and its Joint Provisional Liquidators, Tammy Fu and Eleanor Fisher, both of Zolfo Cooper (Cayman) Limited, announced on Monday that on 21 November 2014, Judge Peter J. Walsh of the US Bankruptcy Court for the District of Delaware entered an order confirming the prepackaged plan of reorganisation (the Chapter 11 Plan) for the three US subsidiaries of LDK Solar, namely LDK Solar Systems Inc, LDK Solar USA Inc and LDK Solar Tech USA Inc. (collectively, the US debtors).
LDK Solar Commences Chapter 11 and Chapter 15 Cases at U.S. Bankruptcy Court
PR Newswire - Wed Oct 22, 4:00PM CDT
LDK Solar CO., Ltd. in provisional liquidation ("LDK Solar"
and its Joint Provisional Liquidators, Tammy Fu and Eleanor Fisher, both of Zolfo Cooper (Cayman) Limited, announced today that on October 21, 2014 three U.S. subsidiaries of LDK Solar, LDK Solar Systems, Inc., LDK Solar USA, Inc. and LDK Solar Tech USA, Inc. (collectively, the "U.S. Debtors" filed voluntary petitions to reorganize under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware (the "Chapter 11 Cases" . The U.S. Debtors commenced the Chapter 11 Cases in order to implement the prepackaged plan of reorganization (the "Prepackaged Plan" , with respect to which the U.S. Debtors launched a solicitation of votes on September 17, 2014 from the holders of LDK Solar's 10% Senior Notes due 2014 (the "Senior Notes" , as guarantors of the Senior Notes, and required such holders of the Senior Notes to return their ballots by October 15, 2014. Holders of the Senior Notes voted overwhelmingly in favor of accepting the Prepackaged Plan.
LDK Solar Announces Approval by Creditors of Cayman and Hong Kong Schemes
PR Newswire - Fri Oct 17, 3:15PM CDT
LDK Solar Co., Ltd. in provisional liquidation ("LDK Solar" or the "Company" and its Joint Provisional Liquidators ("JPLs" , Tammy Fu and Eleanor Fisher, both of Zolfo Cooper (Cayman) Limited, today announced that the class meetings of scheme creditors of LDK Solar and its subsidiaries, LDK Silicon & Chemical Technology Co., Ltd. and LDK Silicon Holding Co., Limited (together the "Scheme Companies" , convened pursuant to the orders of the Grand Court of the Cayman Islands (the "Cayman Court" and the High Court of Hong Kong (the "Hong Kong Court" on October 16, 2014 (Cayman Islands time) and October 17, 2014 (Hong Kong time), approved both the Cayman Islands and Hong Kong schemes of arrangement relating to the Scheme Companies. The Cayman Court is scheduled to hear the petition in respect of the Cayman Islands schemes of arrangement on November 6, 2014 at 9:30 a.m. (Cayman Islands time), at which hearing the Cayman Court will determine whether or not to sanction the Cayman Islands schemes of arrangement. Similarly, the Hong Kong Court is currently scheduled to hear the petition in respect of the Hong Kong schemes of arrangement on November 7, 2014 at 10:00 a.m. (Hong Kong time), at which hearing the Hong Kong Court will determine whether or not to sanction the Hong Kong schemes of arrangement.
LDK Solar Announces New Module Supply Agreement
PR Newswire - Fri Oct 10, 2:15AM CDT
LDK Solar CO., Ltd. in provisional liquidation ("LDK Solar" or the "Company" and its joint provisional liquidators ("JPLs" , Tammy Fu and Eleanor Fisher, both of Zolfo Cooper (Cayman) Limited, today announced that its Chinese subsidiary, LDK Solar Hi-Tech (Nanchang) Co., Ltd. ("LDK Solar Nanchang" , has signed a new module supply agreement with Shanghai SNERDI Engineering Consulting & Management Co., Ltd., a leading EPC company in China owned by State Nuclear Power Technology Corporation ("SNPTC" . Under the terms of the agreement, LDK Solar Nanchang will provide modules totaling 60.5 megawatts to SNPTC with shipments commenced recently in connection with a solar project in Xinjiang, China.
LDK Solar Announces NYSE Review Decision and Hong Kong Convening Order
PR Newswire - Fri Sep 26, 3:05PM CDT
LDK Solar CO., Ltd. in provisional liquidation ("LDK Solar" or the "Company" and its Joint Provisional Liquidators ("JPLs" , Tammy Fu and Eleanor Fisher, both of Zolfo Cooper (Cayman) Limited, today announced that The NYSE Regulation, Inc. Board of Directors' Committee for Review (the "NYSE Committee" affirmed on September 22, 2014 the delisting decision of the staff of the NYSE Regulation, Inc. with respect to the Company's American depositary shares formerly listed on the New York Stock Exchange. The NYSE Committee's decision follows a review of submissions made by the Company and a hearing with the NYSE Committee on September 9, 2014 attended by the Company and its advisors.The ADSs will remain being quoted on the OTC Pink Limited Information until the Company qualifies for listing on an alternate stock exchange.
LDK Solar Announces U.S. Pre-packaged Plan and Updates for Cayman and Hong Kong Proceedings
PR Newswire - Thu Sep 18, 2:15AM CDT
LDK Solar CO., Ltd. in provisional liquidation ("LDK Solar" or the "Company" and its Joint Provisional Liquidators ("JPLs" , Tammy Fu and Eleanor Fisher, both of Zolfo Cooper (Cayman) Limited, today announced that three of the Company's United States subsidiaries, LDK Solar USA, Inc., LDK Solar Tech USA, Inc. and LDK Solar Systems, Inc. (the "US Plan Proponents" , launched a solicitation of votes on a prepackaged plan of reorganization (the "Prepackaged Plan" from the holders of the Company's 10% Senior Notes due 2014 (the "Senior Notes" .
Global Renewable Energy Market: 2009 - 2018
M2 - Tue Sep 09, 3:45AM CDT
Research and Markets (http://www.researchandmarkets.com/research/nnd4gf/global_renewable) has announced the addition of the "Global Renewable Energy: 2009 - 2018 " report to their offering. The renewable energy sector has the potential to double its present share, but that requires action from all regions. The US Energy Information Administration (EIA) estimates that about 10 percent of world energy consumption is from renewable energy sources with a projection of 14 percent by 2035. That renewables is the fastest growing energy source for actual electricity production globally, increasing at 3.1 percent per year, is indication of its outlook. Global investments in renewable energy dropped for a second successive year to USD 254 billion in 2013, an 11 percent decrease from 2012 levels. The decline was reflected in a sharp fall in solar system prices, and the effect of policy uncertainty in many countries. Looking at global investment in clean energy sector-wise, wind saw a small decline to USD 80.3 billion in 2013 from USD 80.9 billion in 2012, while there was a more pronounced reduction in solar, to USD 114.7 billion from USD 142.9 billion. The governments of several countries are focusing on policy framework to create a congenial environment for the growth of the renewable energy market. Around 138 countries across the world had set renewable energy targets for the end of 2012. The Fukushima nuclear disaster in Japan impelled many countries to develop policies for the development of sustainable energy sources. Feed-in-tariffs (FITs) and renewable portfolio standards (RPS) are the most common policies being adopted by a majority of the countries that have renewable energy policies. Key Topics Covered: 1. Executive Summary 2. Global Overview 3. The Cost of Going Green 4. Cost Analysis of Renewable Power Generation 5. Regional Overview 6. Opportunities for Renewable Energy in Manufacturing Sector 7. Major Players 8. Outlook Companies Mentioned - Abengoa S.A. - Alstom SA - Areva SA - Ascent Solar Technologies, Inc. - Bhel India Ltd. - Calpine Corporation - Canadian Solar, INC - Centrosolar Group, AG - China Power New Energy Development Company Limited - China Sunergy Company Limited - China Three Gorges Corporation - Dulas Limited - E.ON UK plc. - First Solar, Inc. - GE Energy - Greenko Group Plc - Iberdrola SA - Kenersys India Pvt. Ltd. - LDK Solar Co. Ltd. - Moser Baer India Limited - NRG Energy, Inc. - NTPC Limited - Orient Green Power Company Limited - Renewable Energy Systems Ltd. - Siemens AG - Solar Century Holdings Limited - Statkraft SF - Suzlon Energy Ltd - Tata Power Solar Systems Limited - Vattenfall AB For more information visit http://www.researchandmarkets.com/research/nn..._renewable
FSLR: 43.67 (-0.39), CPN: 21.99 (+0.40), ASTI: 1.13 (-0.03), CSIQ: 22.82 (+0.21), NRG: 27.74 (+0.60)
LDK Solar Announces Filing of Schemes of Arrangement in Hong Kong
PR Newswire - Mon Sep 08, 2:15AM CDT
LDK Solar CO., Ltd. in provisional liquidation ("LDK Solar" or the "Company" and its Joint Provisional Liquidators ("JPLs" , Tammy Fu and Eleanor Fisher, both of Zolfo Cooper (Cayman) Limited, today announced that, subsequent to the filing on August 29, 2014 by the Company and its subsidiary, LDK Silicon & Chemical Technology Co., Ltd. ("LDK Silicon" , of the petition to commence their restructuring proceedings in the Grand Court of the Cayman Islands (the "Cayman Court" , the Company, LDK Silicon and LDK Silicon Holding Co., Limited ("LDK Silicon Holding" have today each applied to file an originating summons to commence their restructuring proceedings in the High Court of Hong Kong (the "Hong Kong Court" . The Company is awaiting confirmation of the date of the first hearing before the Hong Kong Court. At that hearing, the Company, LDK Silicon, LDK Silicon Holding and the JPLs will seek orders to convene meetings of the scheme creditors of the Company, LDK Silicon and LDK Silicon Holding on or around October 17, 2014, Hong Kong time, to consider and approve their respective Hong Kong schemes of arrangement. Similarly, the Company, LDK Silicon and the JPLs will seek orders to convene meetings of the scheme creditors of the Company and LDK Silicon on or around October 16, 2014, Cayman Islands time, to consider and approve their respective Cayman Islands schemes of arrangement.
LDK Solar Announces Filing of Scheme of Arrangement and Resignation of Xiaofeng Peng
PR Newswire - Fri Aug 29, 3:15PM CDT
LDK Solar Co., Ltd. in provisional liquidation ("LDK Solar" or the "Company" and its Joint Provisional Liquidators ("JPLs" , Tammy Fu and Eleanor Fisher, both of Zolfo Cooper (Cayman) Limited, today announced that the Company has filed the petition commencing its restructuring proceedings in the Grand Court of the Cayman Islands (the "Grand Court" . The first hearing before the Grand Court will take place on September 12, 2014. At that hearing, orders will be sought convening meetings of the Company's creditors on or around October 14, 2014 to consider and approve the scheme of arrangement.
LDK Solar Secures Court Sanction for Funding Commitments for Its Offshore Restructuring
PR Newswire - Wed Aug 13, 3:05PM CDT
LDK Solar Co., Ltd. in provisional liquidation ("LDK Solar" or the "Company" and its Joint Provisional Liquidators ("JPLs" , Tammy Fu and Eleanor Fisher, both of Zolfo Cooper (Cayman) Limited, today announced that LDK Solar has received sanction from the Grand Court of the Cayman Islands (the "Cayman Court" to enter into the funding commitments and amendments to the restructuring support agreements detailed in the press release issued on July 31, 2014.
LDK Solar Secures Funding Commitments for Its Offshore Restructuring
PR Newswire - Thu Jul 31, 8:45PM CDT
LDK Solar Co., Ltd. in provisional liquidation ("LDK Solar" or the "Company" and its Joint Provisional Liquidators ("JPLs" , Tammy Fu and Eleanor Fisher, both of Zolfo Cooper (Cayman) Limited, today announced that LDK Solar has secured funding commitments to enable the offshore restructuring to continue to be progressed. The JPLs now intend to seek sanction of the Grand Court of the Cayman Islands (the "Cayman Court" to the terms of the funding commitments and certain amendments to restructuring support agreements previously approved by the Cayman Court. The JPLs also provided an update on the progress of the restructuring in light of recent positive developments in the course of the Company's offshore restructuring.
LDK: ()
LDK Solar Announces Changes to its Board of Directors
PR Newswire - Fri Jul 18, 2:15AM CDT
LDK Solar Co., Ltd. in provisional liquidation ("LDK Solar" or the "Company" and its Joint Provisional Liquidators ("JPLs" , Tammy Fu and Eleanor Fisher, both of Zolfo Cooper (Cayman) Limited, today announced that Dr. Bing Xiang and Mr. Hongjiang Yao have resigned from LDK Solar's board of directors.
LDK: ()
LDK Solar Provides Update on its Request for a Review Hearing with the NYSE
PR Newswire - Tue Jul 15, 3:05PM CDT
LDK Solar Co., Ltd. in provisional liquidation ("LDK Solar" or the "Company" and its Joint Provisional Liquidators, Tammy Fu and Eleanor Fisher, both of Zolfo Cooper (Cayman) Limited, today announced that the New York Stock Exchange (the "NYSE" Committee for Review has rescheduled LDK Solar's review hearing to Monday, September 8, 2014. The hearing was originally scheduled on June 26, 2014. The Company has requested a review of the decision made on March 31, 2014 by the Staff of NYSE Regulation, Inc. ("NYSE Regulation" to suspend trading in the Company's American depositary shares ("ADSs" on the New York Stock Exchange (the "NYSE" and to commence delisting proceedings.
LDK: ()
LDK Solar Subsidiary Signs Module Supply Agreement with Energy Absolute PCL
PR Newswire - Mon Jul 07, 2:15AM CDT
LDK Solar Co., Ltd. in provisional liquidation ("LDK Solar" or the "Company" and its Joint Provisional Liquidators, Tammy Fu and Eleanor Fisher, both of Zolfo Cooper (Cayman) Limited, announced today that its Chinese subsidiary, LDK Solar Hi-Tech (Nanchang) Co., Ltd. (LDK Solar Hi-Tech), has signed a new module supply agreement with Energy Absolute PCL, a leading developer of solar projects in Thailand. Under terms of the agreement, LDK Solar Hi-Tech will provide modules totaling 64 megawatts with shipments commencing at the end of July 2014 through September 2014 as part of a project in Lampang.
LDK Solar Provides Update on Provisional Liquidation
PR Newswire - Fri Jun 27, 2:15AM CDT
LDK Solar Co., Ltd. in provisional liquidation ("LDK Solar" or the "Company" and its Joint Provisional Liquidators ("JPLs" , Tammy Fu and Eleanor Fisher, both of Zolfo Cooper (Cayman) Limited, today provided an update on the on-going provisional liquidation of the Company as sanctioned by the Grand Court of the Cayman Islands (the "Cayman Court" on February 27, 2014.
Research Report on Polysilicon Industry in China, 2014-2018: The Demand Volume for Polysilicon is Expected to be 0.14-0.17 Million Tons in China in 2014
M2 - Thu Jun 12, 10:16AM CDT
Research and Markets (http://www.researchandmarkets.com/research/fpr87j/research_report) has announced the addition of the "Research Report on Polysilicon Industry in China, 2014-2018" report to their offering. On January 20, 2014, the Ministry of Commerce of China published the final determination about solar grade polysilicon from the U.S. and South Korea. The final determination announced to levy 2.4%-5.7% of anti-dumping duties and 0%-2.1% of anti-subsidy duties on solar grade polysilicon imported from the U.S. and South Korea with immediate effect. The global output volume of crystalline silicon batteries exhibits upward trend and is expected to reach 45 GW in 2014, up by 10% YOY. The demand for polysilicon gradually increases as downstream market expands. Meanwhile, the new production capacity in operation and the capacity utilization in resumption keep increasing. The global output volume of polysilicon is estimated to be 0.278 million tons, up by 9% YOY. The output volume of solar grade polysilicon is expected to maintain the growth rate of 10% and reach 0.258 million tons. The output volume of polysilicon is expected to be 0.1 million tons in 2014, which is concentrated in GCL Silicon Technology Holdings Inc., TBEA Co., Ltd. and Daqo New Energy Corp. Companies Mentioned: - Baoding Tianwei Baobian Electric Co., Ltd. - China Metallurgical Group Corporation (China Silicon Corporation Ltd.) - CSG Holding Co., Ltd. - GCL-Poly Energy Holdings Limited (GCL Silicon Technology Holdings Inc. - Guodian Technology & Environment Group Corporation Limited - LDK Solar Co., Ltd. - Shanghai Aerospace Automobile Electromechanical Co., Ltd. - Sichuan Chuantou Energy Co., Ltd. - TBEA Co., Ltd. - Zhejiang Dunan Artificial Environmental Equipment Co., Ltd. For more information visit http://www.researchandmarkets.com/research/fp...rch_report About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Research Report on Photovoltaic Industry in China, 2014-2018: In 2013, the Export Value of Photovoltaic Products Exceeded USD 10 Billion
M2 - Thu Jun 12, 9:41AM CDT
Research and Markets (http://www.researchandmarkets.com/research/6t5cvj/research_report) has announced the addition of the "Research Report on Photovoltaic (PV) Industry in China, 2014-2018" report to their offering. By the end of 2013, the installed capacity of power generation in grid-connected operation reached 19.42 GW, including 16.32 GW in photovoltaic power stations and 3.1 GW of distributed PV. Total annual power generating capacity was 9 billion kWh. New photovoltaic power generation capacity was 12.92 GW, including 12.12 GW in photovoltaic power stations and 0.8 GW of distributed PV. In early 2013, State Grid started to provide qualified photovoltaic power generation projects (run by individuals or organizations) with free grid connection services. According to available data, 22 regions, mainly in Southwest China, completed the grid connection of over 700 large-scale photovoltaic power generation projects by the end of 2013. Gansu, Qinghai and Xinjiang were the top 3 regions with the installed capacity of 4.32 GW, 3.1 GW and 2.57 GW respectively. The total capacity of the 3 regions accounted for over 60% of the total number in photovoltaic power stations. Companies Mentioned: - BYD - Canadian Solar Inc. - China Sunergy Co., Ltd. - Chint Group - HAREON SOLAR Corporation and Eging PV - JA SOLAR Co., Ltd. - JinkoSolar Holding Co., Ltd. and Hanwha SolarOne Co., Ltd. - LDK Solar Co., Ltd. - Risen Energy Co., Ltd. - Suntech Power Holdings Co., Ltd. - Trina Solar - Yingli Solar - Zhejiang Renesola - Zhejiang Sunflower Light Energy Science & Technology Co., Ltd. For more information visit http://www.researchandmarkets.com/research/6t...rch_report About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
TSL: 8.55 (+0.10), CSIQ: 22.82 (+0.21), JKS: 18.80 (-0.19)
LDK Solar's US Chapter 11 plan confirmed
M2 - Mon Nov 24, 7:11AM CST
LDK Solar CO Ltd in provisional liquidation (LDK Solar) (OTC:LDKSY) and its Joint Provisional Liquidators, Tammy Fu and Eleanor Fisher, both of Zolfo Cooper (Cayman) Limited, announced on Monday that on 21 November 2014, Judge Peter J. Walsh of the US Bankruptcy Court for the District of Delaware entered an order confirming the prepackaged plan of reorganisation (the Chapter 11 Plan) for the three US subsidiaries of LDK Solar, namely LDK Solar Systems Inc, LDK Solar USA Inc and LDK Solar Tech USA Inc. (collectively, the US debtors).
LDK Solar Commences Chapter 11 and Chapter 15 Cases at U.S. Bankruptcy Court
PR Newswire - Wed Oct 22, 4:00PM CDT
LDK Solar CO., Ltd. in provisional liquidation ("LDK Solar"
and its Joint Provisional Liquidators, Tammy Fu and Eleanor Fisher, both of Zolfo Cooper (Cayman) Limited, announced today that on October 21, 2014 three U.S. subsidiaries of LDK Solar, LDK Solar Systems, Inc., LDK Solar USA, Inc. and LDK Solar Tech USA, Inc. (collectively, the "U.S. Debtors" filed voluntary petitions to reorganize under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware (the "Chapter 11 Cases" . The U.S. Debtors commenced the Chapter 11 Cases in order to implement the prepackaged plan of reorganization (the "Prepackaged Plan" , with respect to which the U.S. Debtors launched a solicitation of votes on September 17, 2014 from the holders of LDK Solar's 10% Senior Notes due 2014 (the "Senior Notes" , as guarantors of the Senior Notes, and required such holders of the Senior Notes to return their ballots by October 15, 2014. Holders of the Senior Notes voted overwhelmingly in favor of accepting the Prepackaged Plan. LDK Solar Announces Approval by Creditors of Cayman and Hong Kong Schemes
PR Newswire - Fri Oct 17, 3:15PM CDT
LDK Solar Co., Ltd. in provisional liquidation ("LDK Solar" or the "Company"
and its Joint Provisional Liquidators ("JPLs" , Tammy Fu and Eleanor Fisher, both of Zolfo Cooper (Cayman) Limited, today announced that the class meetings of scheme creditors of LDK Solar and its subsidiaries, LDK Silicon & Chemical Technology Co., Ltd. and LDK Silicon Holding Co., Limited (together the "Scheme Companies" , convened pursuant to the orders of the Grand Court of the Cayman Islands (the "Cayman Court" and the High Court of Hong Kong (the "Hong Kong Court" on October 16, 2014 (Cayman Islands time) and October 17, 2014 (Hong Kong time), approved both the Cayman Islands and Hong Kong schemes of arrangement relating to the Scheme Companies. The Cayman Court is scheduled to hear the petition in respect of the Cayman Islands schemes of arrangement on November 6, 2014 at 9:30 a.m. (Cayman Islands time), at which hearing the Cayman Court will determine whether or not to sanction the Cayman Islands schemes of arrangement. Similarly, the Hong Kong Court is currently scheduled to hear the petition in respect of the Hong Kong schemes of arrangement on November 7, 2014 at 10:00 a.m. (Hong Kong time), at which hearing the Hong Kong Court will determine whether or not to sanction the Hong Kong schemes of arrangement. LDK Solar Announces New Module Supply Agreement
PR Newswire - Fri Oct 10, 2:15AM CDT
LDK Solar CO., Ltd. in provisional liquidation ("LDK Solar" or the "Company"
and its joint provisional liquidators ("JPLs" , Tammy Fu and Eleanor Fisher, both of Zolfo Cooper (Cayman) Limited, today announced that its Chinese subsidiary, LDK Solar Hi-Tech (Nanchang) Co., Ltd. ("LDK Solar Nanchang" , has signed a new module supply agreement with Shanghai SNERDI Engineering Consulting & Management Co., Ltd., a leading EPC company in China owned by State Nuclear Power Technology Corporation ("SNPTC" . Under the terms of the agreement, LDK Solar Nanchang will provide modules totaling 60.5 megawatts to SNPTC with shipments commenced recently in connection with a solar project in Xinjiang, China. LDK Solar Announces NYSE Review Decision and Hong Kong Convening Order
PR Newswire - Fri Sep 26, 3:05PM CDT
LDK Solar CO., Ltd. in provisional liquidation ("LDK Solar" or the "Company"
and its Joint Provisional Liquidators ("JPLs" , Tammy Fu and Eleanor Fisher, both of Zolfo Cooper (Cayman) Limited, today announced that The NYSE Regulation, Inc. Board of Directors' Committee for Review (the "NYSE Committee" affirmed on September 22, 2014 the delisting decision of the staff of the NYSE Regulation, Inc. with respect to the Company's American depositary shares formerly listed on the New York Stock Exchange. The NYSE Committee's decision follows a review of submissions made by the Company and a hearing with the NYSE Committee on September 9, 2014 attended by the Company and its advisors.The ADSs will remain being quoted on the OTC Pink Limited Information until the Company qualifies for listing on an alternate stock exchange. LDK Solar Announces U.S. Pre-packaged Plan and Updates for Cayman and Hong Kong Proceedings
PR Newswire - Thu Sep 18, 2:15AM CDT
LDK Solar CO., Ltd. in provisional liquidation ("LDK Solar" or the "Company"
and its Joint Provisional Liquidators ("JPLs" , Tammy Fu and Eleanor Fisher, both of Zolfo Cooper (Cayman) Limited, today announced that three of the Company's United States subsidiaries, LDK Solar USA, Inc., LDK Solar Tech USA, Inc. and LDK Solar Systems, Inc. (the "US Plan Proponents" , launched a solicitation of votes on a prepackaged plan of reorganization (the "Prepackaged Plan" from the holders of the Company's 10% Senior Notes due 2014 (the "Senior Notes" . Global Renewable Energy Market: 2009 - 2018
M2 - Tue Sep 09, 3:45AM CDT
Research and Markets (http://www.researchandmarkets.com/research/nnd4gf/global_renewable) has announced the addition of the "Global Renewable Energy: 2009 - 2018 " report to their offering. The renewable energy sector has the potential to double its present share, but that requires action from all regions. The US Energy Information Administration (EIA) estimates that about 10 percent of world energy consumption is from renewable energy sources with a projection of 14 percent by 2035. That renewables is the fastest growing energy source for actual electricity production globally, increasing at 3.1 percent per year, is indication of its outlook. Global investments in renewable energy dropped for a second successive year to USD 254 billion in 2013, an 11 percent decrease from 2012 levels. The decline was reflected in a sharp fall in solar system prices, and the effect of policy uncertainty in many countries. Looking at global investment in clean energy sector-wise, wind saw a small decline to USD 80.3 billion in 2013 from USD 80.9 billion in 2012, while there was a more pronounced reduction in solar, to USD 114.7 billion from USD 142.9 billion. The governments of several countries are focusing on policy framework to create a congenial environment for the growth of the renewable energy market. Around 138 countries across the world had set renewable energy targets for the end of 2012. The Fukushima nuclear disaster in Japan impelled many countries to develop policies for the development of sustainable energy sources. Feed-in-tariffs (FITs) and renewable portfolio standards (RPS) are the most common policies being adopted by a majority of the countries that have renewable energy policies. Key Topics Covered: 1. Executive Summary 2. Global Overview 3. The Cost of Going Green 4. Cost Analysis of Renewable Power Generation 5. Regional Overview 6. Opportunities for Renewable Energy in Manufacturing Sector 7. Major Players 8. Outlook Companies Mentioned - Abengoa S.A. - Alstom SA - Areva SA - Ascent Solar Technologies, Inc. - Bhel India Ltd. - Calpine Corporation - Canadian Solar, INC - Centrosolar Group, AG - China Power New Energy Development Company Limited - China Sunergy Company Limited - China Three Gorges Corporation - Dulas Limited - E.ON UK plc. - First Solar, Inc. - GE Energy - Greenko Group Plc - Iberdrola SA - Kenersys India Pvt. Ltd. - LDK Solar Co. Ltd. - Moser Baer India Limited - NRG Energy, Inc. - NTPC Limited - Orient Green Power Company Limited - Renewable Energy Systems Ltd. - Siemens AG - Solar Century Holdings Limited - Statkraft SF - Suzlon Energy Ltd - Tata Power Solar Systems Limited - Vattenfall AB For more information visit http://www.researchandmarkets.com/research/nn..._renewable
FSLR: 43.67 (-0.39), CPN: 21.99 (+0.40), ASTI: 1.13 (-0.03), CSIQ: 22.82 (+0.21), NRG: 27.74 (+0.60)
LDK Solar Announces Filing of Schemes of Arrangement in Hong Kong
PR Newswire - Mon Sep 08, 2:15AM CDT
LDK Solar CO., Ltd. in provisional liquidation ("LDK Solar" or the "Company"
and its Joint Provisional Liquidators ("JPLs" , Tammy Fu and Eleanor Fisher, both of Zolfo Cooper (Cayman) Limited, today announced that, subsequent to the filing on August 29, 2014 by the Company and its subsidiary, LDK Silicon & Chemical Technology Co., Ltd. ("LDK Silicon" , of the petition to commence their restructuring proceedings in the Grand Court of the Cayman Islands (the "Cayman Court" , the Company, LDK Silicon and LDK Silicon Holding Co., Limited ("LDK Silicon Holding" have today each applied to file an originating summons to commence their restructuring proceedings in the High Court of Hong Kong (the "Hong Kong Court" . The Company is awaiting confirmation of the date of the first hearing before the Hong Kong Court. At that hearing, the Company, LDK Silicon, LDK Silicon Holding and the JPLs will seek orders to convene meetings of the scheme creditors of the Company, LDK Silicon and LDK Silicon Holding on or around October 17, 2014, Hong Kong time, to consider and approve their respective Hong Kong schemes of arrangement. Similarly, the Company, LDK Silicon and the JPLs will seek orders to convene meetings of the scheme creditors of the Company and LDK Silicon on or around October 16, 2014, Cayman Islands time, to consider and approve their respective Cayman Islands schemes of arrangement. LDK Solar Announces Filing of Scheme of Arrangement and Resignation of Xiaofeng Peng
PR Newswire - Fri Aug 29, 3:15PM CDT
LDK Solar Co., Ltd. in provisional liquidation ("LDK Solar" or the "Company"
and its Joint Provisional Liquidators ("JPLs" , Tammy Fu and Eleanor Fisher, both of Zolfo Cooper (Cayman) Limited, today announced that the Company has filed the petition commencing its restructuring proceedings in the Grand Court of the Cayman Islands (the "Grand Court" . The first hearing before the Grand Court will take place on September 12, 2014. At that hearing, orders will be sought convening meetings of the Company's creditors on or around October 14, 2014 to consider and approve the scheme of arrangement. LDK Solar Secures Court Sanction for Funding Commitments for Its Offshore Restructuring
PR Newswire - Wed Aug 13, 3:05PM CDT
LDK Solar Co., Ltd. in provisional liquidation ("LDK Solar" or the "Company"
and its Joint Provisional Liquidators ("JPLs" , Tammy Fu and Eleanor Fisher, both of Zolfo Cooper (Cayman) Limited, today announced that LDK Solar has received sanction from the Grand Court of the Cayman Islands (the "Cayman Court" to enter into the funding commitments and amendments to the restructuring support agreements detailed in the press release issued on July 31, 2014. LDK Solar Secures Funding Commitments for Its Offshore Restructuring
PR Newswire - Thu Jul 31, 8:45PM CDT
LDK Solar Co., Ltd. in provisional liquidation ("LDK Solar" or the "Company"
and its Joint Provisional Liquidators ("JPLs" , Tammy Fu and Eleanor Fisher, both of Zolfo Cooper (Cayman) Limited, today announced that LDK Solar has secured funding commitments to enable the offshore restructuring to continue to be progressed. The JPLs now intend to seek sanction of the Grand Court of the Cayman Islands (the "Cayman Court" to the terms of the funding commitments and certain amendments to restructuring support agreements previously approved by the Cayman Court. The JPLs also provided an update on the progress of the restructuring in light of recent positive developments in the course of the Company's offshore restructuring. LDK: ()
LDK Solar Announces Changes to its Board of Directors
PR Newswire - Fri Jul 18, 2:15AM CDT
LDK Solar Co., Ltd. in provisional liquidation ("LDK Solar" or the "Company"
and its Joint Provisional Liquidators ("JPLs" , Tammy Fu and Eleanor Fisher, both of Zolfo Cooper (Cayman) Limited, today announced that Dr. Bing Xiang and Mr. Hongjiang Yao have resigned from LDK Solar's board of directors. LDK: ()
LDK Solar Provides Update on its Request for a Review Hearing with the NYSE
PR Newswire - Tue Jul 15, 3:05PM CDT
LDK Solar Co., Ltd. in provisional liquidation ("LDK Solar" or the "Company"
and its Joint Provisional Liquidators, Tammy Fu and Eleanor Fisher, both of Zolfo Cooper (Cayman) Limited, today announced that the New York Stock Exchange (the "NYSE" Committee for Review has rescheduled LDK Solar's review hearing to Monday, September 8, 2014. The hearing was originally scheduled on June 26, 2014. The Company has requested a review of the decision made on March 31, 2014 by the Staff of NYSE Regulation, Inc. ("NYSE Regulation" to suspend trading in the Company's American depositary shares ("ADSs" on the New York Stock Exchange (the "NYSE" and to commence delisting proceedings. LDK: ()
LDK Solar Subsidiary Signs Module Supply Agreement with Energy Absolute PCL
PR Newswire - Mon Jul 07, 2:15AM CDT
LDK Solar Co., Ltd. in provisional liquidation ("LDK Solar" or the "Company"
and its Joint Provisional Liquidators, Tammy Fu and Eleanor Fisher, both of Zolfo Cooper (Cayman) Limited, announced today that its Chinese subsidiary, LDK Solar Hi-Tech (Nanchang) Co., Ltd. (LDK Solar Hi-Tech), has signed a new module supply agreement with Energy Absolute PCL, a leading developer of solar projects in Thailand. Under terms of the agreement, LDK Solar Hi-Tech will provide modules totaling 64 megawatts with shipments commencing at the end of July 2014 through September 2014 as part of a project in Lampang. LDK Solar Provides Update on Provisional Liquidation
PR Newswire - Fri Jun 27, 2:15AM CDT
LDK Solar Co., Ltd. in provisional liquidation ("LDK Solar" or the "Company"
and its Joint Provisional Liquidators ("JPLs" , Tammy Fu and Eleanor Fisher, both of Zolfo Cooper (Cayman) Limited, today provided an update on the on-going provisional liquidation of the Company as sanctioned by the Grand Court of the Cayman Islands (the "Cayman Court" on February 27, 2014. Research Report on Polysilicon Industry in China, 2014-2018: The Demand Volume for Polysilicon is Expected to be 0.14-0.17 Million Tons in China in 2014
M2 - Thu Jun 12, 10:16AM CDT
Research and Markets (http://www.researchandmarkets.com/research/fpr87j/research_report) has announced the addition of the "Research Report on Polysilicon Industry in China, 2014-2018" report to their offering. On January 20, 2014, the Ministry of Commerce of China published the final determination about solar grade polysilicon from the U.S. and South Korea. The final determination announced to levy 2.4%-5.7% of anti-dumping duties and 0%-2.1% of anti-subsidy duties on solar grade polysilicon imported from the U.S. and South Korea with immediate effect. The global output volume of crystalline silicon batteries exhibits upward trend and is expected to reach 45 GW in 2014, up by 10% YOY. The demand for polysilicon gradually increases as downstream market expands. Meanwhile, the new production capacity in operation and the capacity utilization in resumption keep increasing. The global output volume of polysilicon is estimated to be 0.278 million tons, up by 9% YOY. The output volume of solar grade polysilicon is expected to maintain the growth rate of 10% and reach 0.258 million tons. The output volume of polysilicon is expected to be 0.1 million tons in 2014, which is concentrated in GCL Silicon Technology Holdings Inc., TBEA Co., Ltd. and Daqo New Energy Corp. Companies Mentioned: - Baoding Tianwei Baobian Electric Co., Ltd. - China Metallurgical Group Corporation (China Silicon Corporation Ltd.) - CSG Holding Co., Ltd. - GCL-Poly Energy Holdings Limited (GCL Silicon Technology Holdings Inc. - Guodian Technology & Environment Group Corporation Limited - LDK Solar Co., Ltd. - Shanghai Aerospace Automobile Electromechanical Co., Ltd. - Sichuan Chuantou Energy Co., Ltd. - TBEA Co., Ltd. - Zhejiang Dunan Artificial Environmental Equipment Co., Ltd. For more information visit http://www.researchandmarkets.com/research/fp...rch_report About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Research Report on Photovoltaic Industry in China, 2014-2018: In 2013, the Export Value of Photovoltaic Products Exceeded USD 10 Billion
M2 - Thu Jun 12, 9:41AM CDT
Research and Markets (http://www.researchandmarkets.com/research/6t5cvj/research_report) has announced the addition of the "Research Report on Photovoltaic (PV) Industry in China, 2014-2018" report to their offering. By the end of 2013, the installed capacity of power generation in grid-connected operation reached 19.42 GW, including 16.32 GW in photovoltaic power stations and 3.1 GW of distributed PV. Total annual power generating capacity was 9 billion kWh. New photovoltaic power generation capacity was 12.92 GW, including 12.12 GW in photovoltaic power stations and 0.8 GW of distributed PV. In early 2013, State Grid started to provide qualified photovoltaic power generation projects (run by individuals or organizations) with free grid connection services. According to available data, 22 regions, mainly in Southwest China, completed the grid connection of over 700 large-scale photovoltaic power generation projects by the end of 2013. Gansu, Qinghai and Xinjiang were the top 3 regions with the installed capacity of 4.32 GW, 3.1 GW and 2.57 GW respectively. The total capacity of the 3 regions accounted for over 60% of the total number in photovoltaic power stations. Companies Mentioned: - BYD - Canadian Solar Inc. - China Sunergy Co., Ltd. - Chint Group - HAREON SOLAR Corporation and Eging PV - JA SOLAR Co., Ltd. - JinkoSolar Holding Co., Ltd. and Hanwha SolarOne Co., Ltd. - LDK Solar Co., Ltd. - Risen Energy Co., Ltd. - Suntech Power Holdings Co., Ltd. - Trina Solar - Yingli Solar - Zhejiang Renesola - Zhejiang Sunflower Light Energy Science & Technology Co., Ltd. For more information visit http://www.researchandmarkets.com/research/6t...rch_report About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
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