Friday, December 19, 2008

Suntech to Deliver 3MW of Integrated Solar Systems to World Expo Shanghai 2010

SAN FRANCISCO and WUXI, China, Dec. 19 /PRNewswire-Asia/ -- Suntech Power Holdings Co., Ltd. (NYSE: STP), the world's largest photovoltaic (PV) module manufacturer, today announced that it has won a bid to supply, design and install building integrated photovoltaic systems (BIPV) with a total capacityof 3MW on the China and Theme Pavilions at the World Expo Shanghai 2010 ("theExpo"). The projects, which will be the largest BIPV installations in China, are scheduled to be completed by September 2009.

Centered on the theme "Better City, Better Life", the Expo will explore global initiatives that enable sustainable urban development. The China and Theme Pavilions which will be developed by Shenergy Group, one of Shanghai's leading energy companies, will emphasize the importance of urban harmony with the natural environment, including the sustainable use of natural resources such as water and sunlight. The 3MW building integrated rooftop solar systems will be designed, developed and installed by Suntech's in-house system integration team. World Expo Shanghai 2010 will be held from May 1 - October31, 2010 in Shanghai, China.

"Building integrated solar systems, which turn common building materials such as rooftops and facades into power generators, are a logical step for the evolution of the urban environment. Our selection underscores Suntech's position as a global brand and world leader in the solar industry as well as our leading system integration capability in China. We are honored to display China's technological expertise in renewable energy to the world at the Expo,"said Dr. Zhengrong Shi, Suntech's Chairman and CEO.

The sustainable theme of the Expo echoes China's broader commitment to renewable energy solutions. As part of its Renewable Energy Law in 2005, China established a target to generate 15% of its total electricity from renewable energy sources by 2020. China plans to invest $180 billion in renewable energy over a 15-year period, fostering the emergence of renewable energy and sustainable development, including solar, wind, hydropower and biomass.

"Showcasing two of the world's largest building integrated solar systemsat the World Expo Shanghai 2010 indicates China's growing recognition of solar's ability to play a key role in renewable energy generation and sustainable urban development. With China's clear commitment to increasing adoption of renewable energy solutions, we are confident that the Chinese solar market will experience rapid growth in the next few years," Dr. Shi continued.

Suntech's system integration team is one of the most experienced and capable in China. They have completed a range of technically complex building integrated solar systems including the 120kW Beijing Jingya Hotel curtain wall, an 800kW Light Thru system on the Wuxi Airport, and the 1MW BIPV facade at Suntech's new headquarters in Wuxi.

About Suntech

Suntech Power Holdings Co., Ltd. (NYSE: STP) is the world's leading solar energy company as measured by production output of solar modules. Suntech designs, develops, manufactures, and markets premium-quality, high-output, cost-effective and environmentally friendly solar products for electric power applications in the residential, commercial, industrial, and public utility sectors. Suntech's patent-pending Pluto technology for crystalline silicon solar cells improves power output by up to 12% compared to conventional production methods.

Suntech also offers one of the broadest ranges of building-integrated solar products under the MSK Solar Design Line(TM). Suntech designs and delivers commercial and utility scale solar power systems through its wholly owned subsidiaries Suntech Energy Solutions and Suntech Energy Engineering and will own and operate projects greater than 10 megawatts in the United States through Gemini Solar Development Company, a joint venture with MMA RenewableVentures. With regional headquarters in China, Switzerland and San Franciscoand sales offices worldwide, Suntech is passionate about improving the environment we live in and dedicated to developing advanced solar solutions that enable sustainable development. For more information, please visithttp://www.suntech-power.com .

Yingli Green Energy Signs Sales Agreements with Two Leading German PV System Integrators

BAODING, China, Dec. 19 /PRNewswire-Asia-FirstCall/ -- Yingli Green Energy Holding Company Limited ("Yingli Green Energy" or the "Company"), one of the world's leading vertically integrated photovoltaic ("PV") product manufacturers, today announced that it has entered into sales agreements with two leading German PV system integrators, City Solar Kraftwerke AG ("City Solar") and Wirsol Deutschland GmbH ("Wirsol").

20 MW PV Module Sales Agreement with City Solar

Under the sales agreement with City Solar, one of the leading German developers and turnkey providers of large-scale PV power plants, Yingli Green Energy is expected to supply 20 MW of PV modules to City Solar in 2009. In addition, City Solar has an option to purchase an additional 30 MW of PV modules from Yingli Green Energy in 2009.

"We are delighted to initiate our business relationship with Yingli Green Energy," commented Mr. Steffen Kammler, President and Chief Executive Officer of City Solar. "We believe we can provide more profitable solar power plants to our customers by using Yingli Green Energy's PV modules with their reliable quality and stable output performance, which are vital for the successful and profitable operation of solar power plants throughout their lifetime."

15 MW PV Module Sales Agreement with Wirsol

Under the sales agreement with Wirsol, one of the leading German PV system specialists delivering solar-based solutions to both residential and commercial customers, Yingli Green Energy is expected to supply 15 MW of PV modules to Wirsol from December 2008 through October 2009. In addition, Wirsol has an option to purchase an additional 20 MW of PV modules from Yingli Green Energy in 2009.

"We are please to sign this contract with Yingli Green Energy," commented Mr. Markus Wirth, managing director of Wirsol. "As a German solar specialist with the quality seal of RAL certification, we work under strictly controlled quality standards: All work processes are documented and transparent, from the first consultation to installation and beyond. We have gained sufficient confidence in Yingli Green Energy's capability to provide high-quality and reliable products through testing its products under real conditions in our own solar park and from our visits to its facilities which impressed us with its advanced automation level and rigorous quality program."

"We are pleased to announce our sales contract with City Solar and Wirsol," commented Mr. Liansheng Miao, Chairman and Chief Executive Officer of Yingli Green Energy. "We have established a solid position as a reliable PV module supplier for large-scale PV power plants and other solar power solutions worldwide, thanks to our successful track record and long history in cooperating with utilities and PV system installers in Europe. We expect to continue to capture market share in a more competitive environment with our high quality products, brand recognition and competitive PV module pricing. In addition, we believe the recent dramatic decrease in polysilicon prices and our excellent performance in maintaining low non-polysilicon costs will further help us along the way towards achieving grid parity."

About Yingli Green Energy

Yingli Green Energy Holding Company Limited is one of the world's leading vertically integrated PV product manufacturers. 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 operate on a stand-alone basis. With 400 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 the world as measured by annual production capacity. Additionally, Yingli Green Energy is one of a limited number of large-scale PV companies in the world to have adopted a vertically integrated business model. Through its wholly owned subsidiary, Yingli Energy (China) Co., Ltd., Yingli Green Energy currently plans to expand annual production capacity of polysilicon ingots and wafers, PV cells and PV modules to 600 MW in the third quarter of 2009. 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, Italy, South Korea, Belgium, France, China and the United States. For more information, please visit http://www.yinglisolar.com .

TRINA SOLAR STARTS WAFER SHIPMENT FOR ATLANTA CONVENTION CENTER

BEIJING, Dec 19, 2008 (AsiaPulse via COMTEX) -- China's integrated solar modules producer Trina Solar Limited (NYSE:TSL) has commenced shipment of wafers and modules for Atlantic City Convention Center (ACCC) of the United States, a source with Trina Solar was quoted by local media.

Qiu Diming, director of the company's technology committee, declined to deliberate the exact quantity of shipment for the time being as well as its time table for the development of UMG-based modules.

Trina Solar will provide as many as 13,400 modules in a bid to build a rooftop solar power generation system at World Congress Center with acreage of 180,000 square feet.

This project is expected to generate 2.8 million kilowatt hours of electricity each year, serving 280 households.

As the largest rooftop power generation project in North America, the system has a capacity of 2.4 MW.

Trina Solar Announces 'MeSolar' Brand UMG-Silicon Based Product Line

18 December 2008

CHANGZHOU, China, Dec. 18 /PRNewswire-Asia-FirstCall/ -- Trina Solar Limited (''Trina Solar'' or the ''Company''), a leading integrated manufacturer of photovoltaic products from the production of ingots, wafers and cells to the assembly of PV modules, today announced the launch of the brand name "MeSolar" for its newly in-house developed line of products based on Upgraded Metallurgical Grade ("UMG") silicon materials.

The product line is part of Trina Solar's strategy to expand its product portfolio in order to address customers' increasing demand for lower cost solar module systems. "We are pleased to introduce the brand name 'MeSolar' which represents our high quality and efficient modules using UMG silicon materials, with advantageous prices for our customers," stated Arturo Herrero, Trina Solar's Vice President of Sales & Marketing. "MeSolar" products undergo a stringent production process as well as rigorous quality control checks as a result of initial optimization and critical development stages during testing along the entire value chain, starting from UMG silicon materials, wafers, and cells, to modules, the final product.

Jifan Gao, Trina Solar's Chairman and CEO, stated, "We expect that UMG feedstock technology will continue to advance in the next year, which combine with improved manufacturing efficiencies should provide significant and sustainable cost advantages forward for added value to our customers."

Trina Solar plans to launch production of "MeSolar", employing its existing, dedicated manufacturing lines, with sales and deliveries planned throughout 2009. The UMG-based "MeSolar" modules have a 20-year warranty.

About Trina Solar Limited

Trina Solar Limited (NYSE: TSL) is a well recognized manufacturer of high quality modules and has a long history as a solar PV pioneer since it was founded in 1997 as a system installation company. Trina Solar is one of the few PV manufacturers that has developed a vertically integrated business model from the production of monocrystalline and multicrystalline ingots, wafers and cells to the assembly of high quality modules. Trina Solar's products provide reliable and environmentally-friendly electric power for a growing variety of end-user applications worldwide. For further information, please visit Trina Solar's website at http://www.trinasolar.com .

China Sunergy initiates commercial production of four solar cell manufacturing lines

18 December 2008

Nanjing-based China Sunergy Co., Ltd. has brought four high-efficiency SE solar cell manufacturing lines into commercial production at a ceremony held to celebrate the commencement of China Sunergy's 3rd stage production. The door of the 3rd stage production lines was opened to visitors on the day, with attendees including China Sunergy executives Tingxiu Lu, Chairman, Dr. Allen Wang, CEO, and Dr. Jianhua Zhao, CTO.

These additional four lines bring the company's manufacturing line total to ten, five of which are for high-efficiency SE solar cells, four for HP solar cells, and one line that manufactures common P-type multicrystalline solar cells. The company now has an overall production capacity of close to 320MW.

The company also stated that it "has got enough cash for production and development in this year and next year" in its Q3 quarterly report. More than 50% of the company's orders for 2009 have at this point been finalised, including the recent deal with Solarwatt AG that will see Sunergy deliver over 22MW of solar cells over the course of next year.