The facility’s two production lines have already finished installing and testing equipment.

The project began construction in August 2008, covering an area of 160,000 square meters.

The new facility’s annual sales revenue is estimated to reach $2 billion based on the current market price.

Given the provided project technology, the production costs of solar cells are only 40 to 50% of those for polycrystalline silicon and monocrystalline silicon batteries.

LDK Solar has already received overseas orders valued at $380 million.