HONG KONG, June 12 /Xinhua-PRNewswire-FirstCall/ -- China Technology Development Group Corporation (Nasdaq: CTDC; "CTDC" ; "the Company"), aprovider of clean and renewable energy products and solutions focusing on solar energy in China, today announced that construction has begun on the Company's pilot amorphous silicon (a-Si) thin-film solar energy rooftop system at their production plant in China Merchants' Zhangzhou Development Zone("CMZD") in the Fujian province of southern China.
The a-Si thin-film rooftop project was designed by Terra Solar Global Inc., CTDC's strategic partner in the U.S., and in collaboration with China Merchants Shenzhen Electric Power Company ("CMSEPC") and CMZD. The project began in May 2008, with engineering, delivery and installation expected to take under six weeks, demonstrating the technology's capacity for rapid roll-out on demand. Upon completion in June, the Company expects this phase of the system to reach a capacity of over 7,500 Kilowatt hours (KWh) per year, providing environmental friendly energy to CTDC's manufacturing facility. The reduction in the building's dependence on the electrical grid will lead to an annual reduction of more than 4.7 tons of CO2 emissions.
"We are excited to have begun the installation of our pilot a-Sithin-film solar energy rooftop system, marking another milestone in CTDC's development as a provider of clean energy in China", Alan Li, Chairman and CEO of the Company, commented. "The construction of the solar power rooftop system is in complete accord with the renewable energy policy in China and demonstrates our commitment to the entire thin-film solar value chain. Meanwhile, we continue to focus on the commercialization of our SnO2 solar base plates in the near term."
About CTDC:
CTDC is a provider of clean and renewable energy products and solutions focusing on solar energy business in China. CTDC's ultimate principal shareholder is China Merchants Group ( http://www.cmhk.com ), one of the biggest state-owned conglomerates in China.
Friday, June 13, 2008
Yunnan Shilin to Create China's Biggest Solar Power Station
SHILIN, Jun 12, 2008 (SinoCast via COMTEX) -- Shilin, a developing city in Yunnan Province in Southwest China, will build up the country's biggest solar energy photovoltaic power station with total investment of CNY 3.7 billion.
Yunnan Power Investment New Energy Development Co., Ltd. is the main investor of this project, which is located in Shilin Town, Shilin County and covers a plot of land as large as 173.33 hectares.
The solar power station will have installed capacity of 66 megawatts and will interconnect with the local power grids to supply electricity to users in Yunnan. As a key project on the list of Yunnan Province's 2008 planning, the station is scheduled to kick off construction from October 2008 and complete within 2009.
Photovoltaic power generation is a good utility of solar energy, which is widely believed as a clean energy and is encouraged by the central government of China. Notably, Yunnan is one of the best places in China that is suitable for solar energy development because of its high altitude and strong sunshine.
Yunnan Power Investment New Energy Development Co., Ltd. is the main investor of this project, which is located in Shilin Town, Shilin County and covers a plot of land as large as 173.33 hectares.
The solar power station will have installed capacity of 66 megawatts and will interconnect with the local power grids to supply electricity to users in Yunnan. As a key project on the list of Yunnan Province's 2008 planning, the station is scheduled to kick off construction from October 2008 and complete within 2009.
Photovoltaic power generation is a good utility of solar energy, which is widely believed as a clean energy and is encouraged by the central government of China. Notably, Yunnan is one of the best places in China that is suitable for solar energy development because of its high altitude and strong sunshine.
Dalu Group's Polysilicon Production Plant Main Equipment and Deliverables to Be Delivered to Plant Site in Hohhot (China) Ahead of Schedule
Tuesday, 10 June 2008
DALU Polysilicon Company, Ltd., a business unit of Dalu Group, has been assured by its equipment supplier that their work is ahead of schedule for Dalu Group's 18,000 metric ton per year (MTY) polysilicon plant that will produce both high-purity electronic grade (EG) and solar grade (SOG) polycrystalline silicon material.
Dalu Group met with its engineering, design, construction, and equipment suppliers in Atlanta to review progress of the poly plant project. Dalu Group was assured of receiving the equipment package's design deliverables by this month. Furthermore PPP Equipment Corporation (PPP-E) and Poly Plant Project, Inc. committed to Dalu Group that they would deliver the design information necessary to allow Engineering Companies to continue their work ensuring the polysilicon production plant on schedule. Dalu has also been assured that construction of the poly-plant buildings will be completed before winter time comes in Inner Mongolia.
This is a major and important progress for Dalu's polysilicon plant and it means that the project has not been delayed. This positive news is welcomed by Kunical International Group, Ltd. (USA), and Space Energy (Japan) who, together with Dalu Group, signed a long-term polysilicon supply contract on April 2nd.
Dalu Group's Chemical Vapor Deposition (CVD) Reactors, STC-to-TCS Thermal Converters, associated power supplies, transformers, other key equipment and related process technology for their polysilicon production plant are being produced and supplied by PPP Equipment Corporation and Poly Plant Project, Inc., and will be delivered to Dalu's plant site by May 2009.
"PPP-E's world-class equipment package and PPP's process services will provide Dalu Group's plant with advanced, high productivity equipment that will enable our facility to produce EG & SOG polysilicon at the lowest possible operating cost," said Tang Longhua (Jeffrey), Vice President of Dalu Group. "We are very pleased to have PPP-E, PPP and other partners working closely together with us to design, engineer, build and equip our polysilicon production plant project."
About the Dalu Group
Located in Nanjing, China, Dalu Group is a private energy investment company in energy industries, including power system measurement and control, environmental protection, information technology and Distribution & Transmission technology. The company is now building the largest industrial base of coal, electricity, silicon, and solar energy in Inner Mongolia. Dalu Group's polysilicon production plant continues its work in the energy industry and is the first step in its growth into alternative energy technologies. The URL for Dalu's Web site is www.dalugroup.com.
About PPP Equipment Corporation and Poly Plant Project, Inc.
With headquarters in Burbank, California (USA), PPP Equipment Corporation provides a package of specialty equipment used in polysilicon production plants. This equipment includes advanced Chemical Vapor Deposition Reactors which are pressure vessels that produce high-purity polysilicon. PPP-E's complete package of polysilicon plant equipment includes advanced, high productivity Chemical Vapor Deposition Reactors, STC-to-TCS Thermal Converters, power supplies and transformers for these pressure vessels, as well as other ancillary items and include operator instruction and plant startup support. Poly Plant Project, Inc. is PPP-E's sister company and PPP provides poly plant consulting, development, and process technology solutions to companies building high-purity polysilicon production plants. More information on PPP-E and PPP can be found at www.PolyPlantProject.com.
DALU Polysilicon Company, Ltd., a business unit of Dalu Group, has been assured by its equipment supplier that their work is ahead of schedule for Dalu Group's 18,000 metric ton per year (MTY) polysilicon plant that will produce both high-purity electronic grade (EG) and solar grade (SOG) polycrystalline silicon material.
Dalu Group met with its engineering, design, construction, and equipment suppliers in Atlanta to review progress of the poly plant project. Dalu Group was assured of receiving the equipment package's design deliverables by this month. Furthermore PPP Equipment Corporation (PPP-E) and Poly Plant Project, Inc. committed to Dalu Group that they would deliver the design information necessary to allow Engineering Companies to continue their work ensuring the polysilicon production plant on schedule. Dalu has also been assured that construction of the poly-plant buildings will be completed before winter time comes in Inner Mongolia.
This is a major and important progress for Dalu's polysilicon plant and it means that the project has not been delayed. This positive news is welcomed by Kunical International Group, Ltd. (USA), and Space Energy (Japan) who, together with Dalu Group, signed a long-term polysilicon supply contract on April 2nd.
Dalu Group's Chemical Vapor Deposition (CVD) Reactors, STC-to-TCS Thermal Converters, associated power supplies, transformers, other key equipment and related process technology for their polysilicon production plant are being produced and supplied by PPP Equipment Corporation and Poly Plant Project, Inc., and will be delivered to Dalu's plant site by May 2009.
"PPP-E's world-class equipment package and PPP's process services will provide Dalu Group's plant with advanced, high productivity equipment that will enable our facility to produce EG & SOG polysilicon at the lowest possible operating cost," said Tang Longhua (Jeffrey), Vice President of Dalu Group. "We are very pleased to have PPP-E, PPP and other partners working closely together with us to design, engineer, build and equip our polysilicon production plant project."
About the Dalu Group
Located in Nanjing, China, Dalu Group is a private energy investment company in energy industries, including power system measurement and control, environmental protection, information technology and Distribution & Transmission technology. The company is now building the largest industrial base of coal, electricity, silicon, and solar energy in Inner Mongolia. Dalu Group's polysilicon production plant continues its work in the energy industry and is the first step in its growth into alternative energy technologies. The URL for Dalu's Web site is www.dalugroup.com.
About PPP Equipment Corporation and Poly Plant Project, Inc.
With headquarters in Burbank, California (USA), PPP Equipment Corporation provides a package of specialty equipment used in polysilicon production plants. This equipment includes advanced Chemical Vapor Deposition Reactors which are pressure vessels that produce high-purity polysilicon. PPP-E's complete package of polysilicon plant equipment includes advanced, high productivity Chemical Vapor Deposition Reactors, STC-to-TCS Thermal Converters, power supplies and transformers for these pressure vessels, as well as other ancillary items and include operator instruction and plant startup support. Poly Plant Project, Inc. is PPP-E's sister company and PPP provides poly plant consulting, development, and process technology solutions to companies building high-purity polysilicon production plants. More information on PPP-E and PPP can be found at www.PolyPlantProject.com.
China In-Focus: Suntech To Launch Products For The European Market
Jun 11, 2008 (financialwire.net via COMTEX) -- June 11, 2008 (FinancialWire) Suntech Power Holdings said it will introduce its Just Roof, Light Thru and QuikSnap building integrated PV products this week at the upcoming Intersolar Technology Trade Fair 2008.
Intersolar will be held from June 12-14, 2008 at The New Trade Fair Centre in Munich, Germany.
Suntech's Just Roof can become an insulated building material to create a rooftop from, while its Light Thru products allow natural sunlight to enter a building.
Intersolar will be held from June 12-14, 2008 at The New Trade Fair Centre in Munich, Germany.
Suntech's Just Roof can become an insulated building material to create a rooftop from, while its Light Thru products allow natural sunlight to enter a building.
ARISE Technologies Signs Six-Year Agreement for Supply of Silicon Wafers From ReneSola
WATERLOO, ON, June 11 /CNW/ - ARISE Technologies Corporation, which is dedicated to becoming a leader in high-performance, cost-effective solar technology, today announced that its wholly owned subsidiary, ARISE Technologies Deutschland GmbH (ARISE Germany) has signed a six-year agreement with a wholly owned subsidiary of ReneSola Ltd (NYSE: SOL and AIM: SOLA.L) to supply ARISE with 203.5 MW of silicon wafers. ReneSola Ltd is a leading solar wafer manufacturer based in China.
The agreement with Zhejiang Yuhui Energy Source Co., Ltd. commences July 1, 2008 and extends through June 30, 2014. Shipments are expected to consist of 203.5 MW of silicon wafers over the 6-year term. Pricing and payment termsare consistent with current standard industry practices.
"With this agreement, ARISE now has supply contracts for 100 percent of the solar wafers that we require in 2008 and approximately 60 percent of our needs for 2009 for our PV (photovoltaic) cell production plans at our new German manufacturing plant," said Bart Tichelman, President and Chief Executive Officer. "ReneSola is the seventh, high-quality silicon wafer manufacturer with which ARISE now has developed a supply relationship that we believe will enable us to meet our longer-term requirements."
About ReneSola
ReneSola Ltd is a leading solar wafer manufacturer based in China. Capitalizing on proprietary technologies and technical know-how, ReneSola manufactures monocrystalline and multicrystalline solar wafers. In addition, ReneSola strives to enhance its competitiveness through upstream integration into virgin polysilicon manufacturing. ReneSola possesses a global network of suppliers and customers that include some of the leading global manufacturers of solar cells and modules. ReneSola's shares are currently traded on the New York Stock Exchange (NYSE: SOL) and the AIM of the London Stock Exchange (AIM:SOLA.L). For more information about ReneSola, please visit http://www.renesola.com.
About ARISE Technologies
ARISE Technologies Corporation, based in Waterloo, Ontario, is dedicated to becoming a leader in high-performance, cost-effective solar technology. The company operates through three divisions. The PV Cell Division manufactures PV(photovoltaic) cells at its first manufacturing plant opened in April 2008 in Bischofswerda, Germany. The division is developing proprietary technology with a target of achieving a step-by-step progression to a high-efficiency level of greater than 20 percent. The PV Silicon Division is using a proprietary method to produce silicon at 7N+ high-purity (99.99999 percent purity) for PV cell applications, based on a simplified chemical vapor deposition process. The division is focusing on scaling up its process to provide ARISE with control over its supply, costs, and quality. The PV Systems Division provides complete turnkey PV solutions for solar farms and rooftop installations under the Ontario standard offer program.
The agreement with Zhejiang Yuhui Energy Source Co., Ltd. commences July 1, 2008 and extends through June 30, 2014. Shipments are expected to consist of 203.5 MW of silicon wafers over the 6-year term. Pricing and payment termsare consistent with current standard industry practices.
"With this agreement, ARISE now has supply contracts for 100 percent of the solar wafers that we require in 2008 and approximately 60 percent of our needs for 2009 for our PV (photovoltaic) cell production plans at our new German manufacturing plant," said Bart Tichelman, President and Chief Executive Officer. "ReneSola is the seventh, high-quality silicon wafer manufacturer with which ARISE now has developed a supply relationship that we believe will enable us to meet our longer-term requirements."
About ReneSola
ReneSola Ltd is a leading solar wafer manufacturer based in China. Capitalizing on proprietary technologies and technical know-how, ReneSola manufactures monocrystalline and multicrystalline solar wafers. In addition, ReneSola strives to enhance its competitiveness through upstream integration into virgin polysilicon manufacturing. ReneSola possesses a global network of suppliers and customers that include some of the leading global manufacturers of solar cells and modules. ReneSola's shares are currently traded on the New York Stock Exchange (NYSE: SOL) and the AIM of the London Stock Exchange (AIM:SOLA.L). For more information about ReneSola, please visit http://www.renesola.com.
About ARISE Technologies
ARISE Technologies Corporation, based in Waterloo, Ontario, is dedicated to becoming a leader in high-performance, cost-effective solar technology. The company operates through three divisions. The PV Cell Division manufactures PV(photovoltaic) cells at its first manufacturing plant opened in April 2008 in Bischofswerda, Germany. The division is developing proprietary technology with a target of achieving a step-by-step progression to a high-efficiency level of greater than 20 percent. The PV Silicon Division is using a proprietary method to produce silicon at 7N+ high-purity (99.99999 percent purity) for PV cell applications, based on a simplified chemical vapor deposition process. The division is focusing on scaling up its process to provide ARISE with control over its supply, costs, and quality. The PV Systems Division provides complete turnkey PV solutions for solar farms and rooftop installations under the Ontario standard offer program.
Canadian Solar Announces Delivery of BIPV Modules for 2008 Olympics
JIANGSU, China, June 11 /Xinhua-PRNewswire/ -- Canadian Solar Inc. ('the Company', 'CSI' or 'we') (Nasdaq: CSIQ) today announced it has completed the delivery of 66 KW of BIPV modules for the lamp posts along the Olympic Boulevard from the 'Bird's Nest', the main stadium for the 2008 Olympic Games, to the Olympic Square. This BIPV project sits right on the axis of Beijing, symbolizing the nation's increasing commitment to sustainable development. Over its 25-year operating lifespan, this solar power system, with modules horizontally placed for aesthetic purpose, will still generate more than 1,925,000 Kilowatt hours and reduce CO2 emissions by more than 2750 tons.
Dr. Shawn Qu, Chairman and CEO of Canadian Solar Inc. commented: 'We are very pleased to have won this prestigious contract and be a part of the 2008 Olympics. BIPV directly applies solar technology to architecture, which is a fast growing area of solar applications. Given CSI's years of experience in specialty solar modules and customized solar system design, we are ready to bring our expertise to many other future BIPV projects. China is on its way towards becoming a major solar market, and this contract will help us improve our already strong foot hold in the market.'
China instituted its 'Renewable Energy Law' in 2006, making it mandatory for the State Electric Grid to connect to solar power and pay favorable feed-in tariffs. The execution procedure for this law, however, has yet to be released. Additionally, in August 2007, China's National Development & Reform Commission (NDRC) published its national development strategy for renewable energy. According to this strategy, China targets to install 300 MW cumulative solar generation capacity by 2010 and 1.8 GW by 2020.
About Canadian Solar Inc. (Nasdaq: CSIQ)
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 .
Dr. Shawn Qu, Chairman and CEO of Canadian Solar Inc. commented: 'We are very pleased to have won this prestigious contract and be a part of the 2008 Olympics. BIPV directly applies solar technology to architecture, which is a fast growing area of solar applications. Given CSI's years of experience in specialty solar modules and customized solar system design, we are ready to bring our expertise to many other future BIPV projects. China is on its way towards becoming a major solar market, and this contract will help us improve our already strong foot hold in the market.'
China instituted its 'Renewable Energy Law' in 2006, making it mandatory for the State Electric Grid to connect to solar power and pay favorable feed-in tariffs. The execution procedure for this law, however, has yet to be released. Additionally, in August 2007, China's National Development & Reform Commission (NDRC) published its national development strategy for renewable energy. According to this strategy, China targets to install 300 MW cumulative solar generation capacity by 2010 and 1.8 GW by 2020.
About Canadian Solar Inc. (Nasdaq: CSIQ)
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 .
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