Suntech Launches the Most Powerful 72 Cell Solar Module in the U.S. Market
September 25, 2007: 08:15 AM EST
WUXI, China and LONG BEACH, Calif., Sept. 25 /Xinhua-PRNewswire/ -- Suntech Power Holdings Co., Ltd. , one of the world's leading manufacturers of photovoltaic (PV) cells and modules, today announced the introduction and availability of the STPVb-1 and STPUb-1 range of high output solar modules targeting grid connected applications in North America. These products will be on display from September 25 to September 27 at the Solar Power 2007 Conference and Expo being held in Long Beach, CA and are available for sale for delivery in 2008.
With the introduction of the STPVb-1 modules, Suntech is offering the most powerful standard 72 solar cell module available in the U.S. market. Using six-inch solar cells, these new modules produce between 260 and 280 watts of solar power and are designed for use in large commercial roof and ground mounted applications.
"With a few hundred thousand of the STPVb modules already installed and operating in large projects throughout Spain and Germany, we have already proven the value and reliability of this new product. Our STPVb modules were introduced to the United States market as part of the largest solar power plant installed there to date at the 8.22MW Alamosa, Colorado project. These modules offer a very tight power tolerance, and their size and power result in reduced panel installation and balance of system costs, one of the most important factors in a successful project and demonstrate Suntech's leadership position in achieving grid parity for its PV modules," said Roger Efird, President of Suntech America, Inc.
Suntech's STPUb-1 modules are rated 190 to 210 watts and are approximately 1.5 meters long and 1 meter wide. The smaller solar modules are suitable for large residential installations, as well as commercial projects that require an appropriate compromise between physical size and its power.
"Designers tell us that some applications require a module that is small enough to be easily handled, yet powerful enough to still provide installation cost savings when compared to smaller modules. The STPUb-1 module is our direct response to this U.S. market need," Mr. Efird added.
For additional information, visit the Suntech exhibit booth in Hall B, Booth 364 at the Long Beach Convention and Entertainment Center.
About Suntech
Suntech Power Holdings Co., Ltd. is a leading solar energy company in the world as measured by both production output and capacity of solar cells and modules. Suntech provides solar solutions for a green future. Suntech designs, develops, manufactures, and markets a variety of high quality, cost effective and environmentally friendly PV cells and modules for electric power applications in the residential, commercial, industrial, and public utility sectors. Suntech's majority-owned subsidiary, MSK Corporation is one of the top-ranked companies in the building-integrated photovoltaics (BIPV) space. Suntech's customers are located in various markets worldwide, including key markets throughout Europe, North America, Japan and China. For more information, please visit http://www.suntech-power.com .
Suntech America, Inc. is a wholly-owned subsidiary of Suntech Power Holdings Co., Ltd with responsibility for the distribution of Suntech products in the Americas. For more information about Suntech America's product offerings, please visit Suntech's booth at the Solar Power 2007 Conference and Expo in Hall B, Booth 364 at the Long Beach Convention and Entertainment Center or contact Roger Efird, tel: +1 (301) 774-3430, or email: sales@suntechamerica.com.
Tuesday, September 25, 2007
Suntech Introduces New All Black Solar Module for the U.S. Solar Homes Market
New Module Complements Industry-Leading Portfolio of Building Integrated Solar Products
September 25, 2007: 08:00 AM EST
WUXI, China and LONG BEACH, Calif., Sept. 25 /Xinhua-PRNewswire/ -- Suntech Power Holdings Co., Ltd. , one of the world's leading manufacturers of photovoltaic (PV) cells and modules, today announced the introduction and availability of a new all black solar module targeting the U.S. market for solar homes. Suntech's new MSK Black Label(TM) product will be unveiled on September 25 at the Solar Power 2007 Conference and Expo being held in Long Beach, CA and will be available for sale for delivery in 2008.
Suntech's MSK Black Label(TM) is a 170 watt solar module designed to be installed on the standard American home. Using dark colored components, the Black Label(TM) will blend into the existing roof and provide the high level of aesthetics that the typical U.S. homeowner expects.
"For the first time, U.S. homeowners will have the opportunity to purchase a powerful, aesthetically pleasing solution without paying a significant premium. Competitively, this is what sets our Black Label(TM) module apart from other offerings in the U.S. solar homes market," commented Len May, Suntech America's VP of Business Development for MSK BIPV Products.
"We are committed to being a long-term player in the PV market in North America, and this new product launch represents a strong step forward in Suntech's penetration of the rapidly growing U.S. solar homes market," said Dr. Zhengrong Shi, Suntech's Chairman and CEO. "Our Black Label(TM) module supplements our large and growing portfolio of high-efficiency solar modules with excellent build quality and proven performance in the field."
The Black Label(TM) module complements Suntech's industry leading range of MSK building integrated photovoltaic (BIPV) products that are designed for the residential and commercial building markets. With over 4,000 installations worldwide, Suntech's MSK Just Roof is a roof integrated PV system designed to form a complete roof, replacing tiles or other roof coverings. Based on amorphous silicon photovoltaic technology, Suntech's MSK Photovol Glass has a uniform, dark finish, similar to tinted glass, and is ideal for use in curtain walls, skylights, canopies, atria and all other vertical or sloped glazed surfaces. Suntech's MSK Light Thru Glass BIPV Glazing encapsulates cells between two sheets of glass with enough spacing to allow light to pass through. Light Thru is made to order, allowing designers flexibility in specifying the desired size, cell type, and cell spacing.
For additional information, visit the Suntech exhibit booth in Hall B, Booth 364 at the Long Beach Convention and Entertainment Center from September 25-27.
About Suntech
Suntech Power Holdings Co., Ltd. is a leading solar energy company in the world as measured by both production output and capacity of solar cells and modules. Suntech provides solar solutions for a green future. Suntech designs, develops, manufactures, and markets a variety of high quality, cost effective and environmentally friendly PV cells and modules for electric power applications in the residential, commercial, industrial, and public utility sectors. Suntech's majority-owned subsidiary, MSK Corporation is one of the top-ranked companies in the building-integrated photovoltaics (BIPV) space. Suntech's customers are located in various markets worldwide, including key markets throughout Europe, North America, Japan and China. For more information, please visit http://www.suntech-power.com .
Suntech America, Inc. is a wholly-owned subsidiary of Suntech Power Holdings Co., Ltd., with responsibility for the distribution of Suntech products in the Americas. For more information about Suntech America's product offerings, please visit Suntech's booth at the Solar Power 2007 Conference and Expo in Hall B, Booth 364 at the Long Beach Convention and Entertainment Center, or contact Len May, tel: +1 (301) 473-4619 or email: sales@suntechamerica.com .
September 25, 2007: 08:00 AM EST
WUXI, China and LONG BEACH, Calif., Sept. 25 /Xinhua-PRNewswire/ -- Suntech Power Holdings Co., Ltd. , one of the world's leading manufacturers of photovoltaic (PV) cells and modules, today announced the introduction and availability of a new all black solar module targeting the U.S. market for solar homes. Suntech's new MSK Black Label(TM) product will be unveiled on September 25 at the Solar Power 2007 Conference and Expo being held in Long Beach, CA and will be available for sale for delivery in 2008.
Suntech's MSK Black Label(TM) is a 170 watt solar module designed to be installed on the standard American home. Using dark colored components, the Black Label(TM) will blend into the existing roof and provide the high level of aesthetics that the typical U.S. homeowner expects.
"For the first time, U.S. homeowners will have the opportunity to purchase a powerful, aesthetically pleasing solution without paying a significant premium. Competitively, this is what sets our Black Label(TM) module apart from other offerings in the U.S. solar homes market," commented Len May, Suntech America's VP of Business Development for MSK BIPV Products.
"We are committed to being a long-term player in the PV market in North America, and this new product launch represents a strong step forward in Suntech's penetration of the rapidly growing U.S. solar homes market," said Dr. Zhengrong Shi, Suntech's Chairman and CEO. "Our Black Label(TM) module supplements our large and growing portfolio of high-efficiency solar modules with excellent build quality and proven performance in the field."
The Black Label(TM) module complements Suntech's industry leading range of MSK building integrated photovoltaic (BIPV) products that are designed for the residential and commercial building markets. With over 4,000 installations worldwide, Suntech's MSK Just Roof is a roof integrated PV system designed to form a complete roof, replacing tiles or other roof coverings. Based on amorphous silicon photovoltaic technology, Suntech's MSK Photovol Glass has a uniform, dark finish, similar to tinted glass, and is ideal for use in curtain walls, skylights, canopies, atria and all other vertical or sloped glazed surfaces. Suntech's MSK Light Thru Glass BIPV Glazing encapsulates cells between two sheets of glass with enough spacing to allow light to pass through. Light Thru is made to order, allowing designers flexibility in specifying the desired size, cell type, and cell spacing.
For additional information, visit the Suntech exhibit booth in Hall B, Booth 364 at the Long Beach Convention and Entertainment Center from September 25-27.
About Suntech
Suntech Power Holdings Co., Ltd. is a leading solar energy company in the world as measured by both production output and capacity of solar cells and modules. Suntech provides solar solutions for a green future. Suntech designs, develops, manufactures, and markets a variety of high quality, cost effective and environmentally friendly PV cells and modules for electric power applications in the residential, commercial, industrial, and public utility sectors. Suntech's majority-owned subsidiary, MSK Corporation is one of the top-ranked companies in the building-integrated photovoltaics (BIPV) space. Suntech's customers are located in various markets worldwide, including key markets throughout Europe, North America, Japan and China. For more information, please visit http://www.suntech-power.com .
Suntech America, Inc. is a wholly-owned subsidiary of Suntech Power Holdings Co., Ltd., with responsibility for the distribution of Suntech products in the Americas. For more information about Suntech America's product offerings, please visit Suntech's booth at the Solar Power 2007 Conference and Expo in Hall B, Booth 364 at the Long Beach Convention and Entertainment Center, or contact Len May, tel: +1 (301) 473-4619 or email: sales@suntechamerica.com .
Canadian Solar Appoints New Directors and Officer
September 25, 2007: 08:00 AM EST
JIANGSU, China, Sept. 25 /Xinhua-PRNewswire/ -- Canadian Solar Inc. ("the Company", or "CSI", or "we") today announced that it has increased the size of its board of directors from five to six and that Michael G. Potter and Yan Zhuang have been appointed directors of the Company. Coincident with their appointment, Arthur Chien has resigned as a director and been appointed to the newly created position of Vice President, Finance of the Company.
Dr. Shawn Qu, Chairman and Chief Executive Officer of CSI, said: "We are very pleased that Michael and Yan have agreed to join our board of directors and expect to benefit immediately from their experience as we continue to expand our global footprint. We are also very pleased that Arthur Chien has agreed to join our management team and assist us in managing the next phase of our growth."
Mr. Potter, 41 years old, has worked in finance, controlling and audit positions with a variety of multinational companies for over 20 years. He is currently Senior Vice President and Chief Financial Officer of NeoPhotonics Corporation, a leading provider of photonic integrated circuit-based modules, components and subsystems for use in optical communications networks with extensive operations in Shenzhen, China. Before joining NeoPhotonics in May 2007, he was Senior Vice President and Chief Financial Officer of STATS ChipPAC, a semiconductor assembly and test services company based in Singapore. Before that, he held a variety of executive positions at Honeywell Inc. Mr. Potter is a Chartered Accountant and holds a Bachelor of Commerce degree from Concordia University, Canada and a Graduate Diploma of Public Accountancy from McGill University, Canada. Mr. Potter will serve as a member of the Audit Committee and the Compensation Committee.
Mr. Zhuang, 44 years old, has worked in corporate branding, sales and marketing positions with, or provided consulting services to, a variety of multinational companies for over 15 years. He is currently Senior Vice President Business Operations and Marketing, Asia Region, of Hands-on Mobile Ltd., a global media and entertainment company with Asian operations in China, Korea and India. Before joining Hands-on Mobile, he held various marketing and business operation positions with Motorola Inc., including as its Asia Pacific Regional Director of Marketing Planning and Consumer Insight. Prior to that, he was a marketing consultant in Canada and China. Mr. Zhuang holds a Bachelor of Electrical Engineering degree from Northern Jiao-Tong University, China, a MSc in Applied Statistics from the University of Alberta, Canada and a MSc in Marketing Management from the University of Guelph, Canada. Mr. Zhuang will serve as a member of the Nominating and Corporate Governance Committee.
Mr. Chien, 46 years old, became a director of CSI in December 2005. Until recently, he was managing director of Beijing Yinke Investment Consulting Co. Ltd., a company which provides financial consulting services and manages its own investment projects. Before joining Beijing Yinke, he was Chief Financial Officer of China Grand Enterprises Inc., a diversified investment holding company based in Beijing, China. Prior to that, he held a variety of finance, investment and management positions with companies in Canada, Belgium and China, including as Chief Financial Officer of the Chinese operations of NV Bekaert SA, a Belgium-based manufacturer of advanced wire products, materials and coatings. Mr. Chien holds a Bachelor of Science degree from the University of Science and Technology of China and a Master of Economics degree from the University of Western Ontario, Canada.
About Canadian Solar Inc.
Founded in 2001, Canadian Solar Inc. (CSI) is a vertically integrated manufacturer of solar cell, solar module and custom-designed solar application products serving customers worldwide. CSI is incorporated in Canada and conducts all of its manufacturing operations in China. Backed by years of experience and knowledge in the solar power market and the silicon industry, CSI has become a major global provider of solar power products for a wide range of applications. For more information, please visit http://www.csisolar.com .
JIANGSU, China, Sept. 25 /Xinhua-PRNewswire/ -- Canadian Solar Inc. ("the Company", or "CSI", or "we") today announced that it has increased the size of its board of directors from five to six and that Michael G. Potter and Yan Zhuang have been appointed directors of the Company. Coincident with their appointment, Arthur Chien has resigned as a director and been appointed to the newly created position of Vice President, Finance of the Company.
Dr. Shawn Qu, Chairman and Chief Executive Officer of CSI, said: "We are very pleased that Michael and Yan have agreed to join our board of directors and expect to benefit immediately from their experience as we continue to expand our global footprint. We are also very pleased that Arthur Chien has agreed to join our management team and assist us in managing the next phase of our growth."
Mr. Potter, 41 years old, has worked in finance, controlling and audit positions with a variety of multinational companies for over 20 years. He is currently Senior Vice President and Chief Financial Officer of NeoPhotonics Corporation, a leading provider of photonic integrated circuit-based modules, components and subsystems for use in optical communications networks with extensive operations in Shenzhen, China. Before joining NeoPhotonics in May 2007, he was Senior Vice President and Chief Financial Officer of STATS ChipPAC, a semiconductor assembly and test services company based in Singapore. Before that, he held a variety of executive positions at Honeywell Inc. Mr. Potter is a Chartered Accountant and holds a Bachelor of Commerce degree from Concordia University, Canada and a Graduate Diploma of Public Accountancy from McGill University, Canada. Mr. Potter will serve as a member of the Audit Committee and the Compensation Committee.
Mr. Zhuang, 44 years old, has worked in corporate branding, sales and marketing positions with, or provided consulting services to, a variety of multinational companies for over 15 years. He is currently Senior Vice President Business Operations and Marketing, Asia Region, of Hands-on Mobile Ltd., a global media and entertainment company with Asian operations in China, Korea and India. Before joining Hands-on Mobile, he held various marketing and business operation positions with Motorola Inc., including as its Asia Pacific Regional Director of Marketing Planning and Consumer Insight. Prior to that, he was a marketing consultant in Canada and China. Mr. Zhuang holds a Bachelor of Electrical Engineering degree from Northern Jiao-Tong University, China, a MSc in Applied Statistics from the University of Alberta, Canada and a MSc in Marketing Management from the University of Guelph, Canada. Mr. Zhuang will serve as a member of the Nominating and Corporate Governance Committee.
Mr. Chien, 46 years old, became a director of CSI in December 2005. Until recently, he was managing director of Beijing Yinke Investment Consulting Co. Ltd., a company which provides financial consulting services and manages its own investment projects. Before joining Beijing Yinke, he was Chief Financial Officer of China Grand Enterprises Inc., a diversified investment holding company based in Beijing, China. Prior to that, he held a variety of finance, investment and management positions with companies in Canada, Belgium and China, including as Chief Financial Officer of the Chinese operations of NV Bekaert SA, a Belgium-based manufacturer of advanced wire products, materials and coatings. Mr. Chien holds a Bachelor of Science degree from the University of Science and Technology of China and a Master of Economics degree from the University of Western Ontario, Canada.
About Canadian Solar Inc.
Founded in 2001, Canadian Solar Inc. (CSI) is a vertically integrated manufacturer of solar cell, solar module and custom-designed solar application products serving customers worldwide. CSI is incorporated in Canada and conducts all of its manufacturing operations in China. Backed by years of experience and knowledge in the solar power market and the silicon industry, CSI has become a major global provider of solar power products for a wide range of applications. For more information, please visit http://www.csisolar.com .
Jetion Maiden H1 net profit up 90 pct; revenue up 149 pct
09.24.07, 5:37 AM ET
LONDON (Thomson Financial) - Solar cell maker Jetion Holdings Ltd said its net profit for the first half nearly doubled as revenues surged 149 pct on robust demand for solar products.
For the first six months to end-June, the company's profit increased 90 pct to 3.6 mln usd and revenue jumped to 38.6 mln usd from 15.5 mln usd.
Jetion said it had raised 27.9 mln usd of net new funds which will be used to further expand its cell manufacturing capacity to 100 MW per annum by the end of 2008.
'Jetion has successfully increased its production capacity, and following the IPO and raising of new funds, the company is on track to double its capacity again by the end of 2008,' chairman Dipesh Shah said in a statement.
LONDON (Thomson Financial) - Solar cell maker Jetion Holdings Ltd said its net profit for the first half nearly doubled as revenues surged 149 pct on robust demand for solar products.
For the first six months to end-June, the company's profit increased 90 pct to 3.6 mln usd and revenue jumped to 38.6 mln usd from 15.5 mln usd.
Jetion said it had raised 27.9 mln usd of net new funds which will be used to further expand its cell manufacturing capacity to 100 MW per annum by the end of 2008.
'Jetion has successfully increased its production capacity, and following the IPO and raising of new funds, the company is on track to double its capacity again by the end of 2008,' chairman Dipesh Shah said in a statement.
Yingli Green Energy Added to NASDAQ Clean Edge U.S. Indexes
BAODING, China--(BUSINESS WIRE)--Yingli Green Energy Holding Company Limited (NYSE: YGE) ("Yingli Green Energy" or the "Company"), a leading vertically integrated photovoltaic ("PV") product manufacturer in China, today announced that it will be added to the NASDAQ Clean Edge U.S. Index (Nasdaq: CLEN) and the NASDAQ Clean Edge U.S. Liquid Series Index (Nasdaq: CELS) (the "Indexes"), effective with the market open on Monday, September 24, 2007.
Mr. Bryan Li, Chief Financial Officer of Yingli Green Energy, commented, "As a leading vertically integrated PV manufacturer in China, we have always been dedicated to the promotion of clean and sustainable energy and we are very honored to be added to the NASDAQ Clean Edge U.S. Index and the NASDAQ Clean Edge U.S. Liquid Series Index. We hope the Indexes will help further strengthen the development of the whole alternative energy industry."
According to NASDAQ's press release on semi-annual changes to the NASDAQ Clean Edge U.S. Indexes dated September 17, 2007, the Indexes are designed to track the performance of clean-energy companies that are publicly traded in the U.S. The Indexes include companies engaged in the manufacturing, development, distribution, and installation of emerging clean-energy technologies such as solar photovoltaics, biofuels and advanced batteries. The five major sub-sectors that the Indexes cover are Renewable Electricity Generation, Renewable Fuels, Energy Storage & Conversion, Energy Intelligence and Advanced Energy-Related Materials.
About Yingli Green Energy
Yingli Green Energy Holding Company Limited ("Yingli Green Energy") is one of the leading vertically integrated photovoltaic ("PV") product manufacturers in China. Through the Company's principal operating subsidiary in China, Baoding Tianwei Yingli New Energy Resources Co., Ltd., Yingli Green Energy designs, manufactures and sells PV modules and designs, assembles, sells and installs PV systems that are connected to an electricity transmission grid or those that operate on a stand-alone basis. With 200 MW of total annual production capacity in each of polysilicon ingots and wafers, PV cells and PV modules, Yingli Green Energy is currently one of the largest manufacturers of PV products in China.
Additionally, Yingli Green Energy is one of the limited number of large-scale PV companies in China to have adopted vertical integration as its business model. Yingli Green Energy currently plans to gradually expand annual production capacity of polysilicon ingots and wafers, PV cells and PV modules to 400 MW by the end of 2008 and to 600 megawatts by 2010. Yingli Green Energy sells PV modules under its own brand name, Yingli Solar, to PV system integrators and distributors located in various markets around the world, including Germany, Spain, China and the United States.
Mr. Bryan Li, Chief Financial Officer of Yingli Green Energy, commented, "As a leading vertically integrated PV manufacturer in China, we have always been dedicated to the promotion of clean and sustainable energy and we are very honored to be added to the NASDAQ Clean Edge U.S. Index and the NASDAQ Clean Edge U.S. Liquid Series Index. We hope the Indexes will help further strengthen the development of the whole alternative energy industry."
According to NASDAQ's press release on semi-annual changes to the NASDAQ Clean Edge U.S. Indexes dated September 17, 2007, the Indexes are designed to track the performance of clean-energy companies that are publicly traded in the U.S. The Indexes include companies engaged in the manufacturing, development, distribution, and installation of emerging clean-energy technologies such as solar photovoltaics, biofuels and advanced batteries. The five major sub-sectors that the Indexes cover are Renewable Electricity Generation, Renewable Fuels, Energy Storage & Conversion, Energy Intelligence and Advanced Energy-Related Materials.
About Yingli Green Energy
Yingli Green Energy Holding Company Limited ("Yingli Green Energy") is one of the leading vertically integrated photovoltaic ("PV") product manufacturers in China. Through the Company's principal operating subsidiary in China, Baoding Tianwei Yingli New Energy Resources Co., Ltd., Yingli Green Energy designs, manufactures and sells PV modules and designs, assembles, sells and installs PV systems that are connected to an electricity transmission grid or those that operate on a stand-alone basis. With 200 MW of total annual production capacity in each of polysilicon ingots and wafers, PV cells and PV modules, Yingli Green Energy is currently one of the largest manufacturers of PV products in China.
Additionally, Yingli Green Energy is one of the limited number of large-scale PV companies in China to have adopted vertical integration as its business model. Yingli Green Energy currently plans to gradually expand annual production capacity of polysilicon ingots and wafers, PV cells and PV modules to 400 MW by the end of 2008 and to 600 megawatts by 2010. Yingli Green Energy sells PV modules under its own brand name, Yingli Solar, to PV system integrators and distributors located in various markets around the world, including Germany, Spain, China and the United States.
Canadian Solar to build "Solar Demonstration Park"
Jennifer Schonberger Sep 24, 2007 9:27am EDT
Canadian Solar Inc. (Nasdaq: CSIQ), a manufacturer of solar cell, solar module and custom-designed solar application products, said this morning that it signed an agreement with the government of Suzhou New District to build the "Suzhou Solar Demonstration Park," a project that converts a deserted area into a municipality recreation site featuring a 300KW grid-connected solar power system.
The Chinese company said the park will also serve as a long-term outdoor reliability testing and demonstration ground for CSI modules using various new technologies.
This is one of the first solar power plant projects initiated after China adopted its Renewable Energy Law in January 2006, according to Canadian Solar.
Canadian Solar Inc. (Nasdaq: CSIQ), a manufacturer of solar cell, solar module and custom-designed solar application products, said this morning that it signed an agreement with the government of Suzhou New District to build the "Suzhou Solar Demonstration Park," a project that converts a deserted area into a municipality recreation site featuring a 300KW grid-connected solar power system.
The Chinese company said the park will also serve as a long-term outdoor reliability testing and demonstration ground for CSI modules using various new technologies.
This is one of the first solar power plant projects initiated after China adopted its Renewable Energy Law in January 2006, according to Canadian Solar.
Akeena Solar Partners with Suntech to Manufacture New Solar Panel
Suntech to Deliver 10 to 14 MW of Akeena Solar's New Andalay Solar Panels
September 24, 2007: 04:05 PM EST
LOS GATOS, Calif. and SAN FRANCISCO, Sept. 24 /Xinhua-PRNewswire/ -- Akeena Solar, Inc. , a leading designer and installer of solar power systems, and Suntech Power Holdings Co., Ltd. , one of the world's leading manufacturers of photovoltaic (PV) cells and modules, today announced that Suntech has signed a letter of intent to manufacture Akeena Solar's Andalay solar panels. Under the terms of the agreement, Suntech will manufacture and deliver 10 to 14 Megawatts of Andalay solar panels to Akeena Solar during 2008.
Andalay is the brand name for Akeena Solar's patent-pending high performance solar panel systems. Unlike ordinary solar panels, Andalay panels feature built-in wiring, built-in grounding and built-in racking so the panels attach directly to the roof offering a smooth, flushed appearance. Andalay is the logical next step in the evolution of solar power technology, combining superior aesthetics with unparalleled reliability.
"Our engineers re-thought the concept of a solar panel so that the panels can be manufactured from the start to simplify installation, improve reliability and look like a glass skylight on the roof," said Barry Cinnamon, CEO of Akeena Solar, Inc. "We are proud to have Suntech as our manufacturing partner. And the improvements are not just in appearance and reliability; with Andalay we expect to reduce rooftop installation time by over 50 percent, requiring 70 percent fewer parts and 25 percent fewer rooftop attachment points."
"We are honored to have the opportunity to partner with Akeena Solar, in the manufacturing of Andalay", said Dr. Zhengrong Shi, Suntech's Chairman and CEO. "Our ability to manufacture an aesthetically pleasing and unique module such as Andalay demonstrates the traction that we have gained by combining the core competence of Suntech's manufacturing skills with our MSK division's building integrated PV (BIPV) design skills. We believe Andalay will clearly deliver an attractive and reliable solution to end-users, while providing system integrators with a solution that can be installed faster and ultimately result in lower install costs than ordinary systems."
Andalay will be introduced at a press conference just prior to the opening reception of Solar Power 2007. Andalay panels are available from Akeena now, and will be available to select solar industry partners in 2008.
Suntech will display its full range of products available in the U.S. at the Solar Power 2007 Conference and Expo being held in Long Beach, CA. For additional information, visit the Suntech exhibit booth in Hall B, Booth 364 at the Long Beach Convention and Entertainment Center.
About Akeena Solar, Inc.
Founded in 2001, Akeena Solar's philosophy is simple: We believe producing clean electricity directly from the sun is the right thing to do for our environment and economy. Akeena Solar has grown to become one of the largest national installer of residential and small commercial solar power systems in the United States, serving customers directly in California, New Jersey, New York, Connecticut and Pennsylvania. For more information, visit Akeena Solar's website at http://www.akeena.net .
About Suntech
Suntech Power Holdings Co., Ltd. is a leading solar energy company in the world as measured by both production output and capacity of solar cells and modules. Suntech provides solar solutions for a green future. Suntech designs, develops, manufactures, and markets a variety of high quality, cost effective and environmentally friendly PV cells and modules for electric power applications in the residential, commercial, industrial, and public utility sectors. Suntech's majority-owned subsidiary, MSK Corporation is one of the top-ranked companies in the building-integrated photovoltaics (BIPV) space. Suntech's customers are located in various markets worldwide, including key markets throughout Europe, North America, Japan and China. For more information, please visit http://www.suntech-power.com .
September 24, 2007: 04:05 PM EST
LOS GATOS, Calif. and SAN FRANCISCO, Sept. 24 /Xinhua-PRNewswire/ -- Akeena Solar, Inc. , a leading designer and installer of solar power systems, and Suntech Power Holdings Co., Ltd. , one of the world's leading manufacturers of photovoltaic (PV) cells and modules, today announced that Suntech has signed a letter of intent to manufacture Akeena Solar's Andalay solar panels. Under the terms of the agreement, Suntech will manufacture and deliver 10 to 14 Megawatts of Andalay solar panels to Akeena Solar during 2008.
Andalay is the brand name for Akeena Solar's patent-pending high performance solar panel systems. Unlike ordinary solar panels, Andalay panels feature built-in wiring, built-in grounding and built-in racking so the panels attach directly to the roof offering a smooth, flushed appearance. Andalay is the logical next step in the evolution of solar power technology, combining superior aesthetics with unparalleled reliability.
"Our engineers re-thought the concept of a solar panel so that the panels can be manufactured from the start to simplify installation, improve reliability and look like a glass skylight on the roof," said Barry Cinnamon, CEO of Akeena Solar, Inc. "We are proud to have Suntech as our manufacturing partner. And the improvements are not just in appearance and reliability; with Andalay we expect to reduce rooftop installation time by over 50 percent, requiring 70 percent fewer parts and 25 percent fewer rooftop attachment points."
"We are honored to have the opportunity to partner with Akeena Solar, in the manufacturing of Andalay", said Dr. Zhengrong Shi, Suntech's Chairman and CEO. "Our ability to manufacture an aesthetically pleasing and unique module such as Andalay demonstrates the traction that we have gained by combining the core competence of Suntech's manufacturing skills with our MSK division's building integrated PV (BIPV) design skills. We believe Andalay will clearly deliver an attractive and reliable solution to end-users, while providing system integrators with a solution that can be installed faster and ultimately result in lower install costs than ordinary systems."
Andalay will be introduced at a press conference just prior to the opening reception of Solar Power 2007. Andalay panels are available from Akeena now, and will be available to select solar industry partners in 2008.
Suntech will display its full range of products available in the U.S. at the Solar Power 2007 Conference and Expo being held in Long Beach, CA. For additional information, visit the Suntech exhibit booth in Hall B, Booth 364 at the Long Beach Convention and Entertainment Center.
About Akeena Solar, Inc.
Founded in 2001, Akeena Solar's philosophy is simple: We believe producing clean electricity directly from the sun is the right thing to do for our environment and economy. Akeena Solar has grown to become one of the largest national installer of residential and small commercial solar power systems in the United States, serving customers directly in California, New Jersey, New York, Connecticut and Pennsylvania. For more information, visit Akeena Solar's website at http://www.akeena.net .
About Suntech
Suntech Power Holdings Co., Ltd. is a leading solar energy company in the world as measured by both production output and capacity of solar cells and modules. Suntech provides solar solutions for a green future. Suntech designs, develops, manufactures, and markets a variety of high quality, cost effective and environmentally friendly PV cells and modules for electric power applications in the residential, commercial, industrial, and public utility sectors. Suntech's majority-owned subsidiary, MSK Corporation is one of the top-ranked companies in the building-integrated photovoltaics (BIPV) space. Suntech's customers are located in various markets worldwide, including key markets throughout Europe, North America, Japan and China. For more information, please visit http://www.suntech-power.com .
Subscribe to:
Posts (Atom)
