Thursday, December 11, 2008

Intertek launches PV module testing center in Shanghai

BEIJING, Dec 11, 2008 (Xinhua via COMTEX) --British product quality and safety solution provider Intertek Group Plc. (ITRK.LSE) recently launched a full-service testing center of solar photovoltaic modules in Shanghai in a bid to provide localized services.

As the first one of this kind in the Chinese mainland, this testing center will help local solar product makers gain certifications on global markets and slash the time of export cycle with less payout in this regard.

Greegg Tiemann, executive vice president of Intertek, said that Chinese solar PV producers are enabled to obtain access to world market more quickly since the testing center is situated near major solar product manufacturers in Southeast China's Zhejiang Province.

Now, Intertek could release ETL mark and CE mark for North American market and European market, respectively, in addition to Intertek PV mark.

Meanwhile, Intertek expects to get allowed to issue CB certificate and PV Cap certificate in the first half of 2009, with efforts under way to participate in IECEE CB scheme with 43 member countries.

JA Solar Again Cuts Q4 Guidance

Posted by Eric Savitz

The troubles in the solar sector continue to deepen.

JA Solar this afternoon again cut its Q4 guidance.

The solar cell company now sees revenue of about $124 million, down from previous guidance of $191.5 million to $220.9 million. The earlier guidance, which JA Solar had provided on November 12, had been dramatically below the then-consensus view of $371.4 million.
The company said it continues to see gross margin of 5% to 7%, and break-even non-GAAP earnings per ADS

JA Solar now sees 2008 production of 250-260 MW, down from earlier guidance of 310 MW.

In a statement, CEO Samuel Yang said that the company over the past few weeks has seen "a dramatic slowdown in orders" due to macro economic conditions.

Yang said he expects the company to be profitable in 2009.

After hours, JASO is down 17 cents, or 6%, to $2.68.

China Sunergy, Solarwatt sign sales agreement


NANJING, CHINA: Solar cell manufacturer China Sunergy has entered into an agreement with German solar module manufacturer Solarwatt AG to provide 22 MW of solar cells in 2009.

China Sunergy will supply Solarwatt with high efficiency mono-crystalline solar cells at fixed prices beginning in January 2009 and continuing at a consistent level over the rest of the year.

"I am pleased to have signed this agreement with Solarwatt, a leading firm within one of the most dynamic solar markets in the world,"said China Sunergy CEO and Director Dr. Ruennsheng Allen Wang.

"Despite the recent uncertain sales environment, we have been successful in securing important sales agreements with leading companies in key markets, and we remain well positioned to benefit as further clarity returns to the market."