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LDK Solar confident on Germany, keen to buy

MUNICH (Reuters) - Chinese solar wafer maker LDK Solar forecast continued strong growth next year in Germany despite planned cuts in subsidies there said it was open to acquisitions to boost its rapidly growing business.

MUNICH (Reuters) - Chinese solar wafer maker LDK Solar forecast continued strong growth next year in Germany despite planned cuts in subsidies there said it was open to acquisitions to boost its rapidly growing business.

"Germany is a stable market...subsidies are going down but growth is strong and costs are coming down," Chief Executive Xiaofeng Peng told Reuters on the sidelines of an industry conference in Munich.

"I expect there will be 10-20 percent growth in Germany in 2011," Peng said.

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