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 .
Showing posts with label solar system. Show all posts
Showing posts with label solar system. Show all posts
Friday, December 19, 2008
Thursday, December 4, 2008
Suntech and a+f Complete Two Solar Power Plants in Spain
SAN FRANCISCO and WUXI, China, Dec. 4 /PRNewswire-Asia/ -- Suntech Power Holdings Co., Ltd., the world's leading manufacturer of photovoltaic (PV) modules, today announced that it recently completed two solar power plants in Spain in collaboration with a+f GmbH, a subsidiary of the GILDEMEISTER group, whose high performance SunCarrier single axis tracker is a market leader.
Suntech supplied approximately 50% of all modules utilized in an 8.5MWp solar plant in Alange and a 7.4MWp solar plant in Alconera. The modules were installed on over 450 a+f SunCarrier trackers, which increase the power efficiency of the solar systems by up to 32% above that of fixed mounted solar systems. In total the two solar plants will produce enough energy to power around 9,300 households and save carbon dioxide emissions of approximately 19,000 tons per year.
a+f's Managing Director, Dr. Rico Wojanowski said, "Our advanced SunCarrier tracking technology is perfectly matched with Suntech's internationally acclaimed high output solar modules. The combination of these two products enabled us to efficiently use the land available and develop a high power output solar solution that can satisfy the energy needs of thousands of households."
Jerry Stokes, President of Suntech Europe, said, "These solar projects illustrate the potential for inter-value chain collaboration to provide highly efficient and completely sustainable energy solutions. Suntech's dedication to producing premium quality, high power output solar products is a key factor leading to our strong brand recognition in Europe."
Suntech has built strong partnerships with many leading solar project developers and distributors in Spain, Italy and Greece through the consistent supply of extremely reliable, high conversion efficiency solar modules. Suntech expects to ship over 230MW of solar modules to Southern Europe in 2008.
About Suntech
Suntech Power Holdings Co., Ltd. (NYSE: STP) is a world-leading solar energy company as measured by both production output and capacity of solar cells and modules. Suntech is passionate about improving the environment we live in and dedicated to developing advanced solar solutions that enable sustainable development. Suntech designs, develops, manufactures, and markets a variety of high-quality, cost-effective and environmentally friendly solar products for electric power applications in the residential, commercial, industrial, and public utility sectors. Suntech offers one of the broadest ranges of BIPV products under the MSK Solar Design Line(TM). Suntech has sales offices worldwide and is a market share leader in key global solar markets. For more information, please visit http://www.suntech-power.com .
About a+f
Wuerzburg, Germany based a+f GmbH has been working successfully over 15 years as a manufacturer of industrial plant equipment. As a subsidiary of the GILDEMEISTER group, a+f has access to the know-how and skills of this world- market leader in metal-cutting machine tools. In particular, the world-wide service network guarantees rapid reaction times and therefore constant availability for your installation.
Suntech supplied approximately 50% of all modules utilized in an 8.5MWp solar plant in Alange and a 7.4MWp solar plant in Alconera. The modules were installed on over 450 a+f SunCarrier trackers, which increase the power efficiency of the solar systems by up to 32% above that of fixed mounted solar systems. In total the two solar plants will produce enough energy to power around 9,300 households and save carbon dioxide emissions of approximately 19,000 tons per year.
a+f's Managing Director, Dr. Rico Wojanowski said, "Our advanced SunCarrier tracking technology is perfectly matched with Suntech's internationally acclaimed high output solar modules. The combination of these two products enabled us to efficiently use the land available and develop a high power output solar solution that can satisfy the energy needs of thousands of households."
Jerry Stokes, President of Suntech Europe, said, "These solar projects illustrate the potential for inter-value chain collaboration to provide highly efficient and completely sustainable energy solutions. Suntech's dedication to producing premium quality, high power output solar products is a key factor leading to our strong brand recognition in Europe."
Suntech has built strong partnerships with many leading solar project developers and distributors in Spain, Italy and Greece through the consistent supply of extremely reliable, high conversion efficiency solar modules. Suntech expects to ship over 230MW of solar modules to Southern Europe in 2008.
About Suntech
Suntech Power Holdings Co., Ltd. (NYSE: STP) is a world-leading solar energy company as measured by both production output and capacity of solar cells and modules. Suntech is passionate about improving the environment we live in and dedicated to developing advanced solar solutions that enable sustainable development. Suntech designs, develops, manufactures, and markets a variety of high-quality, cost-effective and environmentally friendly solar products for electric power applications in the residential, commercial, industrial, and public utility sectors. Suntech offers one of the broadest ranges of BIPV products under the MSK Solar Design Line(TM). Suntech has sales offices worldwide and is a market share leader in key global solar markets. For more information, please visit http://www.suntech-power.com .
About a+f
Wuerzburg, Germany based a+f GmbH has been working successfully over 15 years as a manufacturer of industrial plant equipment. As a subsidiary of the GILDEMEISTER group, a+f has access to the know-how and skills of this world- market leader in metal-cutting machine tools. In particular, the world-wide service network guarantees rapid reaction times and therefore constant availability for your installation.
Wednesday, December 3, 2008
TGI Solar Creates Joint Venture SOLAR POWER CHINA CORPORATION LTD(HK)
NEW YORK, NY, Dec 02, 2008 (MARKET WIRE via COMTEX) -- TGI Solar Power Group Inc. (PINKSHEETS: TSPG), a turnkey supplier of vertically integrated solar systems for a variety of applications ranging from Solar Parks (solar to grid) to commercial markets, today announced it has formed a joint venture with Hong Kong-based Oriental Energy Group Ltd. (OEG) to target China's renewable energy market, under the name SOLAR POWER CHINA CORPORATION LTD.
"TGI and OEG have signed a memorandum of understanding (MOU) that outlines plans for cooperation and takes advantage of the first to market position. JV is looking to get 8 to 10 cities started simultaneously," said Ying Wang, Managing Director of the newly created joint venture. "We are in process of signing LOI for project financing with the following local governments: Shenzhen, Sanya, Liuzhou, Zhanjiang, Wenzhou, Foshan, Dongguan, Tulufan, Leting and Nanning."
The agreement also includes plans to include two manufacturing facilities of 40 MW of thin film panels utilizing Solar Thin Films, Inc. (SLTN), a developer, manufacturer and marketer of manufacturing equipment for the production of "thin-film" amorphous silicon photovoltaic modules, TGI's affiliated company.
"We are excited to be working with Oriental Energy. This project will pave the way for solar installations throughout China," said Billy Lieberman, President of TGI Solar.
About TGI SOLAR
TGI Solar (TSPG) is a provider of manufacturing equipment and turnkey manufacturing solutions to the photovoltaic (PV) industry. The Company's products and solutions are used for production of solar grade polysilicon, manufacturing of multi-crystalline silicon wafers, production of solar cells and assembly of complete modules. The firm provides facility and process design and integration know-how with its equipment. The Company offers its products and services to PV product manufacturers on a worldwide basis and a substantial percentage of its sales are to customers outside the United States.
"TGI and OEG have signed a memorandum of understanding (MOU) that outlines plans for cooperation and takes advantage of the first to market position. JV is looking to get 8 to 10 cities started simultaneously," said Ying Wang, Managing Director of the newly created joint venture. "We are in process of signing LOI for project financing with the following local governments: Shenzhen, Sanya, Liuzhou, Zhanjiang, Wenzhou, Foshan, Dongguan, Tulufan, Leting and Nanning."
The agreement also includes plans to include two manufacturing facilities of 40 MW of thin film panels utilizing Solar Thin Films, Inc. (SLTN), a developer, manufacturer and marketer of manufacturing equipment for the production of "thin-film" amorphous silicon photovoltaic modules, TGI's affiliated company.
"We are excited to be working with Oriental Energy. This project will pave the way for solar installations throughout China," said Billy Lieberman, President of TGI Solar.
About TGI SOLAR
TGI Solar (TSPG) is a provider of manufacturing equipment and turnkey manufacturing solutions to the photovoltaic (PV) industry. The Company's products and solutions are used for production of solar grade polysilicon, manufacturing of multi-crystalline silicon wafers, production of solar cells and assembly of complete modules. The firm provides facility and process design and integration know-how with its equipment. The Company offers its products and services to PV product manufacturers on a worldwide basis and a substantial percentage of its sales are to customers outside the United States.
Saturday, November 22, 2008
Chinese producer expects solar energy market to rebound in early 2009
BEIJING, Nov 21, 2008 (Xinhua via COMTEX) -- Solar energy industry will receive moderate and no long-lasting impacts from global financial market, said Wang Runsheng, chief executive officer of China's major solar cell producer China Sunergy Co., Ltd. (CSUN.Nasdaq).
As the main driving force of solar photovoltaic (PV) industry, governmental subsidy policies haven't been removed or delayed due to the financial turmoil, said Wang, citing recent solar-favoring legislative adjustment in France.
Wang forecast that solar PV market would witness up-turn in the first or second quarter of 2009 since many solar module developers holds on to money anticipating price declines in year end 2008.
Plus, the price drop of solar module and systems will trigger additional demands because solar PV products carry high price elasticity.
The industry chain of solar PV business is capable to bear and absorb price decreases in downstream solar system products.
In 2008, the sales price of polycrystalline silicon reached as high as 450-500 U.S. dollars per kg with production cost ranging from 20-30 U.S. dollars.
As the main driving force of solar photovoltaic (PV) industry, governmental subsidy policies haven't been removed or delayed due to the financial turmoil, said Wang, citing recent solar-favoring legislative adjustment in France.
Wang forecast that solar PV market would witness up-turn in the first or second quarter of 2009 since many solar module developers holds on to money anticipating price declines in year end 2008.
Plus, the price drop of solar module and systems will trigger additional demands because solar PV products carry high price elasticity.
The industry chain of solar PV business is capable to bear and absorb price decreases in downstream solar system products.
In 2008, the sales price of polycrystalline silicon reached as high as 450-500 U.S. dollars per kg with production cost ranging from 20-30 U.S. dollars.
Wednesday, December 19, 2007
Solar EnerTech Enters Into Sales Contract With Sky Solar
December 18, 2007: 08:00 AM EST
Solar EnerTech Corp. (OTCBB: SOEN) (the "Company") today announced that it has entered into a sales contract with Sky Solar (Hong Kong) International Co., Ltd., a subsidiary of Sky Global Group to distribute solar modules. Sky Global Group is a global distributor and system integrator of solar panels.
The total shipment to Sky Solar under the contract amounts to approximately US$21.8 million. Shipments, aimed for solar power installations in Spain, are scheduled to be delivered over a 5-month period beginning in December 2007, with the majority of solar module shipments scheduled for the Company's 2008 fiscal second quarter.
Mr. Leo Young, Chief Executive Officer of Solar EnerTech commented, "We are quite pleased to commence shipments of our solar modules to one of the largest solar system integrators in Europe. This sales order is our largest to date and will provide us with stronger revenue growth in the first half of fiscal 2008. This contract demonstrates that our solar modules meet the quality standards of leading solar system integrators and distributors around the world. We welcome this growth opportunity to increase our presence in the global solar market."
About Solar EnerTech Corp.
Solar EnerTech is a photovoltaic ("PV") solar energy cell manufacturing enterprise based in Shanghai, China, where the Company has established a sophisticated, 42,000-square foot manufacturing plant in Shanghai's Jinqiao Modern Technology Park. Currently, the facility is capable of producing 25Mw of solar cells from its existing production line. The Company plans to install a second 25 Mw production line to better utilize the capacity of the plant and to meet expected future customer demand.
Solar EnerTech has also established a Joint R&D Lab at Shanghai University to research and develop higher-efficiency cells and to put the results of that research to use in its manufacturing processes. Led by one of the industry's top scientists, the Company expects its R&D program to help bring Solar EnerTech to the forefront of advanced solar technology research and production. The Company also has a marketing, purchasing and distribution arm in Northern California's Silicon Valley.
Solar EnerTech Corp. (OTCBB: SOEN) (the "Company") today announced that it has entered into a sales contract with Sky Solar (Hong Kong) International Co., Ltd., a subsidiary of Sky Global Group to distribute solar modules. Sky Global Group is a global distributor and system integrator of solar panels.
The total shipment to Sky Solar under the contract amounts to approximately US$21.8 million. Shipments, aimed for solar power installations in Spain, are scheduled to be delivered over a 5-month period beginning in December 2007, with the majority of solar module shipments scheduled for the Company's 2008 fiscal second quarter.
Mr. Leo Young, Chief Executive Officer of Solar EnerTech commented, "We are quite pleased to commence shipments of our solar modules to one of the largest solar system integrators in Europe. This sales order is our largest to date and will provide us with stronger revenue growth in the first half of fiscal 2008. This contract demonstrates that our solar modules meet the quality standards of leading solar system integrators and distributors around the world. We welcome this growth opportunity to increase our presence in the global solar market."
About Solar EnerTech Corp.
Solar EnerTech is a photovoltaic ("PV") solar energy cell manufacturing enterprise based in Shanghai, China, where the Company has established a sophisticated, 42,000-square foot manufacturing plant in Shanghai's Jinqiao Modern Technology Park. Currently, the facility is capable of producing 25Mw of solar cells from its existing production line. The Company plans to install a second 25 Mw production line to better utilize the capacity of the plant and to meet expected future customer demand.
Solar EnerTech has also established a Joint R&D Lab at Shanghai University to research and develop higher-efficiency cells and to put the results of that research to use in its manufacturing processes. Led by one of the industry's top scientists, the Company expects its R&D program to help bring Solar EnerTech to the forefront of advanced solar technology research and production. The Company also has a marketing, purchasing and distribution arm in Northern California's Silicon Valley.
Monday, December 10, 2007
SunPower and Jiawei SolarChina Sign Silicon Ingot Pulling and Wafer Agreement
SAN JOSE, Calif., Dec. 7 /PRNewswire-FirstCall/ -- SunPower Corporation
(Nasdaq: SPWR), a Silicon Valley-based manufacturer of high-efficiency solar
cells, solar panels and solar systems, today announced that it has signed a
five-year agreement with Jiawei SolarChina Co., Ltd. (Jiawei) to secure a
supply of monocrystalline silicon ingots and silicon wafers.
Jiawei is affiliated with SunEnergy, SunPower's solar panel assembly
partner, and plans to scale its operations to 200 ingot pullers in Beijing,
China. Beginning in 2008, SunPower will purchase sufficient silicon in ingot
and wafer forms to satisfy production requirements that represent more than
900 megawatts of solar cell production based on SunPower's expected silicon
utilization during the agreement period and subject to contract conditions.
SunPower will provide polysilicon to Jiawei during the life of this agreement.
"Our partnership with Jiawei will diversify our upstream supply chain,"
said PM Pai, chief operating officer at SunPower Corp. "As we scale and
expand our silicon supply base into China, we are pleased to extend our
relationship with our partner, Jiawei."
About SunPower
SunPower Corporation (Nasdaq: SPWR) designs, manufactures and delivers
high-performance solar electric systems worldwide for residential, commercial
and utility-scale power plant customers. SunPower high-efficiency solar cells
and solar panels generate up to 50 percent more power than conventional solar
technologies and have a uniquely attractive, all-black appearance. With
headquarters in San Jose, Calif., SunPower has offices in North America,
Europe and Asia. For more information, visit www.sunpowercorp.com.
SunPower is a majority-owned subsidiary of Cypress Semiconductor Corp.
(NYSE: CY).
(Nasdaq: SPWR), a Silicon Valley-based manufacturer of high-efficiency solar
cells, solar panels and solar systems, today announced that it has signed a
five-year agreement with Jiawei SolarChina Co., Ltd. (Jiawei) to secure a
supply of monocrystalline silicon ingots and silicon wafers.
Jiawei is affiliated with SunEnergy, SunPower's solar panel assembly
partner, and plans to scale its operations to 200 ingot pullers in Beijing,
China. Beginning in 2008, SunPower will purchase sufficient silicon in ingot
and wafer forms to satisfy production requirements that represent more than
900 megawatts of solar cell production based on SunPower's expected silicon
utilization during the agreement period and subject to contract conditions.
SunPower will provide polysilicon to Jiawei during the life of this agreement.
"Our partnership with Jiawei will diversify our upstream supply chain,"
said PM Pai, chief operating officer at SunPower Corp. "As we scale and
expand our silicon supply base into China, we are pleased to extend our
relationship with our partner, Jiawei."
About SunPower
SunPower Corporation (Nasdaq: SPWR) designs, manufactures and delivers
high-performance solar electric systems worldwide for residential, commercial
and utility-scale power plant customers. SunPower high-efficiency solar cells
and solar panels generate up to 50 percent more power than conventional solar
technologies and have a uniquely attractive, all-black appearance. With
headquarters in San Jose, Calif., SunPower has offices in North America,
Europe and Asia. For more information, visit www.sunpowercorp.com.
SunPower is a majority-owned subsidiary of Cypress Semiconductor Corp.
(NYSE: CY).
Friday, September 28, 2007
Suntech Power Completes 500kW Solar System At San Francisco International Airport
Thursday, September 27, 2007; Posted: 01:39 PM
(RTTNews) - Suntech Power Holdings Co. Ltd. (STP), a manufacturer of photovoltaic or PV cells and modules, on Thursday said it has completed a 500kW solar system at the San Francisco International Airport's new Terminal 3.
Around 3 thousand Suntech solar modules were installed by San Francisco-based BASS Electric.
According to BASS Electric, the Terminal 3 solar energy system is estimated to generate an annual energy saving of 669 thousand kilowatt hours and save about 7,200 tons of Carbon Dioxide over a 30 year period.
STP is currently trading at $40.98, down 86 cents or 2.06%.
(RTTNews) - Suntech Power Holdings Co. Ltd. (STP), a manufacturer of photovoltaic or PV cells and modules, on Thursday said it has completed a 500kW solar system at the San Francisco International Airport's new Terminal 3.
Around 3 thousand Suntech solar modules were installed by San Francisco-based BASS Electric.
According to BASS Electric, the Terminal 3 solar energy system is estimated to generate an annual energy saving of 669 thousand kilowatt hours and save about 7,200 tons of Carbon Dioxide over a 30 year period.
STP is currently trading at $40.98, down 86 cents or 2.06%.
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