Friday, May 8, 2009

Suntech Joins Solar Panel Recycling Program

While the serviceable life of most solar panels is at least a couple of decades and some solar panel installations commissioned in the 1970's are still functioning today; at some stage in the time ahead a flood of panels will need to be disposed of - and preferably recycled.

Solar panels are essentially simple devices containing materials such as silicon, glass, aluminium and semiconductor materials that are all recyclable. Only a very small percentage of a solar panel's weight need ever be totally discarded. Recycling of solar panels is not only technically and economically feasible, but it could greatly decrease the overall ecological footprint associated with production

Suntech Power Holdings Co., Ltd. (stock: STP) the world's largest manufacturer of crystalline silicon photovoltaic (PV) modules, announced recently that the company has joined PV Cycle; a European association establishing a voluntary take-back and recycling program for solar panels. Suntech said that with 1GW of Suntech solar panels sold since its inception, the company believes it is essential that Suntech take a proactive role in developing effective recycling programs.

Through PV Cycle, the solar panel industry aims to develop overall waste management and recycling policy that achieves the highest economically feasible and environmentally responsible collection and recycling of PV modules. PV Cycle now covers around 80% of the European photovoltaic market with its 35 member companies spread around the world.

While PV Cycle is only covering the European market at present and no similar organisation yet exists in Australia, PV Cycle's efforts will certainly lay the groundwork that other regions will be able to follow.

China SDIC Huajing plans $293 mln solar project

SHANGHAI, May 7 (Reuters) - China SDIC Huajing Power Holdings Co (600886.SS) said on Thursday it plans to build a solar power station with a capacity of 200 megawatts and an initial investment of 2 billion yuan ($293.2 million).

The first phase of the the project, to be located in the western province of Qinghai, would have a capacity of 100 megawatt, the company said in a filing to the Shanghai Stock Exchange.

The company, a unit of the State Development and Investment Corp, said the plan would need approval from state authorities.

Beijing is expected to increase the target for solar power for 2020 at least fourfold, as part of a stimulus plan for the renewable energy industry.

Trina Solar Expands European Sales and Marketing Team

CHANGZHOU, China, May 6 /PRNewswire-Asia-FirstCall/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a leading integrated manufacturer of solar photovoltaic products from the production of ingots, wafers and cells to the assembly of PV modules, today announced that the Company has expanded its European sales and marketing team.

Due to the continued development of its business initiatives in Europe and the growing demand for Trina Solar's quality products in over 18 countries, the Company has expanded its Sales and Marketing team to better serve the established markets of Germany, Italy, France, and Spain, as well as the emerging markets such as the Czech Republic, Portugal, the Netherlands, Austria, and Greece. The Company is pleased to announce two new appointments, who joined the Company's strong sales team in April 2009.

Ben Hill, formerly at BP Solar, has joined Trina Solar as Director of Sales & Marketing for Europe. Mr. Hill is a well-known and respected industry leader with over 23 years of experience in the photovoltaic industry. Prior to joining Trina Solar, he spent over 10 years at BP Solar, serving in both Germany and Spain and in various senior positions including Sales & Marketing Director for Europe, Africa and the Middle East, and most recently, as a Regional Director for Europe. Prior to BP Solar, he served as a Division Manager for Battery Control, DC Lighting and Solar at Sollatek Ltd. Mr. Hill will manage Trina Solar's operations in Europe and will refine and implement the Company's ambitious regional growth plans.

Daniel Priem has joined Trina Solar as Central European Manager. Mr. Priem has over 10 years of experience in solar and other renewable energies. Prior to joining the Company, Mr. Priem spent over seven years at SunTechnics, a Conergy Group company, as a sales representative for Central Europe, manager of SunTechnics (Sydney), sales head for Southeast Asia and Australia, and finally as Conergy Group's commercial manager for Southern Europe. Mr. Priem also served as the business development manager for Innovative Windpower AG.

"We view Europe as an essential market region that includes key markets under current development," said Arturo Herrero, Trina Solar's Vice President of Sales & Marketing, who oversees Trina Solar's global sales and marketing. "We are delighted to strengthen our sales and marketing team with such talented and experienced personnel who bring years of regional and global knowledge and experience from well-known PV solar companies to our business."

China to have 100 GW wind power capacity by 2020

Beijing, May 4 (Xinhua) - China plans to finish 100 gigawatts of wind power capacity and expand its renewable energy consumption to 40 per cent of the energy market by 2050.

The goal for wind power capacity was more than three times of the 30 gigawatts target that the government set 18 months ago, Monday's China Daily reported.

China will also become the biggest growth market for wind power generating capacity this year, ahead of the United States, said the report, citing a forecast from the Global Wind Energy Council(GWEC).

As the world's second largest energy consumer, China has around 12 gigawatts of wind power capacity and has said it wants to raise that to around 20 gigawatts by next year.

The plan means wind will be a bigger source of renewable energy than nuclear, despite a construction boom in nuclear power plants, and also far bigger than solar, which is expected to hit 1.8 gigawatts, according to a 2007 plan.

The annual growth rate in China's wind power will be around 20 per cent, said Fang Junshi, head of the coal department of the National Energy Administration.

China is currently the fourth largest wind power producer in the world after the United States, Germany and Spain.

The World Wind Energy Report 2008 had predicted that Asia, under China's lead, will "become the worldwide locomotive for the wind industry" and "Chinese wind turbine manufacturers will be among the top international suppliers".

CSI Reaches Funding Deal with City of Suzhou; Signs 5-MW Contract with Topinfrasolar

Toronto, Canada []

Canadian Solar Inc. announced that it has signed an agreement with the Suzhou New District, Suzhou municipal government to fund local solar projects. The Suzhou New District government has agreed to provide US $1.09 million in matching funds in conjunction with the subsidies provided by China's Ministry of Finance and Ministry of Constructions for building PV installations.

"These funds will be used to capitalize commercial rooftop and BIPV projects in the region of the municipality."

-- Dr. Shawn Qu, Chairman and CEO, Canadian Solar

These monies will be used to exclusively support solar projects undertaken by Canadian Solar in Suzhou New District. Other sources of project debt or equity will be arranged by the company or by the project owners.

"Canadian Solar is proud to announce, in cooperation with the Suzhou New District, that we are the first to jointly develop a municipal PV program using the renewable energy stimulus funds in China. These funds will be used to capitalize commercial rooftop and BIPV projects in the region of the municipality,” said Dr. Shawn Qu, chairman and CEO of Canadian Solar.

In related news, CSI has also announced that it has signed a new sales agreement with Topinfrasolar, a Korean systems integrator, which will expand the relationship and supply agreement by an additional 5 megawatts (MW).
The contracted deliveries may include both regular and e-Modules and stipulates deliveries for Korean installations in 2009. CSI and Topinfrasolar have had a successful business relationship since the beginning of 2009 that has already resulted in the successful delivery to five projects of approximately 3 MW in total.

"We are also very pleased to work with Canadian Solar, one of the world class suppliers of solar photovoltaic panels. We have so far implemented several solar farm projects in Korea using Canadian Solar modules and we are impressed by their consistently superior module quality. With this new contract, we look forward to continuing our relationship with Canadian Solar and to offering long-term reliable returns to our solar farm investors," said Hyung Seok Oh, CEO of Topinfrasolar.