Jennifer Schonberger Sep 24, 2007 9:27am EDT
Canadian Solar Inc. (Nasdaq: CSIQ), a manufacturer of solar cell, solar module and custom-designed solar application products, said this morning that it signed an agreement with the government of Suzhou New District to build the "Suzhou Solar Demonstration Park," a project that converts a deserted area into a municipality recreation site featuring a 300KW grid-connected solar power system.
The Chinese company said the park will also serve as a long-term outdoor reliability testing and demonstration ground for CSI modules using various new technologies.
This is one of the first solar power plant projects initiated after China adopted its Renewable Energy Law in January 2006, according to Canadian Solar.
Tuesday, September 25, 2007
Akeena Solar Partners with Suntech to Manufacture New Solar Panel
Suntech to Deliver 10 to 14 MW of Akeena Solar's New Andalay Solar Panels
September 24, 2007: 04:05 PM EST
LOS GATOS, Calif. and SAN FRANCISCO, Sept. 24 /Xinhua-PRNewswire/ -- Akeena Solar, Inc. , a leading designer and installer of solar power systems, and Suntech Power Holdings Co., Ltd. , one of the world's leading manufacturers of photovoltaic (PV) cells and modules, today announced that Suntech has signed a letter of intent to manufacture Akeena Solar's Andalay solar panels. Under the terms of the agreement, Suntech will manufacture and deliver 10 to 14 Megawatts of Andalay solar panels to Akeena Solar during 2008.
Andalay is the brand name for Akeena Solar's patent-pending high performance solar panel systems. Unlike ordinary solar panels, Andalay panels feature built-in wiring, built-in grounding and built-in racking so the panels attach directly to the roof offering a smooth, flushed appearance. Andalay is the logical next step in the evolution of solar power technology, combining superior aesthetics with unparalleled reliability.
"Our engineers re-thought the concept of a solar panel so that the panels can be manufactured from the start to simplify installation, improve reliability and look like a glass skylight on the roof," said Barry Cinnamon, CEO of Akeena Solar, Inc. "We are proud to have Suntech as our manufacturing partner. And the improvements are not just in appearance and reliability; with Andalay we expect to reduce rooftop installation time by over 50 percent, requiring 70 percent fewer parts and 25 percent fewer rooftop attachment points."
"We are honored to have the opportunity to partner with Akeena Solar, in the manufacturing of Andalay", said Dr. Zhengrong Shi, Suntech's Chairman and CEO. "Our ability to manufacture an aesthetically pleasing and unique module such as Andalay demonstrates the traction that we have gained by combining the core competence of Suntech's manufacturing skills with our MSK division's building integrated PV (BIPV) design skills. We believe Andalay will clearly deliver an attractive and reliable solution to end-users, while providing system integrators with a solution that can be installed faster and ultimately result in lower install costs than ordinary systems."
Andalay will be introduced at a press conference just prior to the opening reception of Solar Power 2007. Andalay panels are available from Akeena now, and will be available to select solar industry partners in 2008.
Suntech will display its full range of products available in the U.S. at the Solar Power 2007 Conference and Expo being held in Long Beach, CA. For additional information, visit the Suntech exhibit booth in Hall B, Booth 364 at the Long Beach Convention and Entertainment Center.
About Akeena Solar, Inc.
Founded in 2001, Akeena Solar's philosophy is simple: We believe producing clean electricity directly from the sun is the right thing to do for our environment and economy. Akeena Solar has grown to become one of the largest national installer of residential and small commercial solar power systems in the United States, serving customers directly in California, New Jersey, New York, Connecticut and Pennsylvania. For more information, visit Akeena Solar's website at http://www.akeena.net .
About Suntech
Suntech Power Holdings Co., Ltd. is a leading solar energy company in the world as measured by both production output and capacity of solar cells and modules. Suntech provides solar solutions for a green future. Suntech designs, develops, manufactures, and markets a variety of high quality, cost effective and environmentally friendly PV cells and modules for electric power applications in the residential, commercial, industrial, and public utility sectors. Suntech's majority-owned subsidiary, MSK Corporation is one of the top-ranked companies in the building-integrated photovoltaics (BIPV) space. Suntech's customers are located in various markets worldwide, including key markets throughout Europe, North America, Japan and China. For more information, please visit http://www.suntech-power.com .
September 24, 2007: 04:05 PM EST
LOS GATOS, Calif. and SAN FRANCISCO, Sept. 24 /Xinhua-PRNewswire/ -- Akeena Solar, Inc. , a leading designer and installer of solar power systems, and Suntech Power Holdings Co., Ltd. , one of the world's leading manufacturers of photovoltaic (PV) cells and modules, today announced that Suntech has signed a letter of intent to manufacture Akeena Solar's Andalay solar panels. Under the terms of the agreement, Suntech will manufacture and deliver 10 to 14 Megawatts of Andalay solar panels to Akeena Solar during 2008.
Andalay is the brand name for Akeena Solar's patent-pending high performance solar panel systems. Unlike ordinary solar panels, Andalay panels feature built-in wiring, built-in grounding and built-in racking so the panels attach directly to the roof offering a smooth, flushed appearance. Andalay is the logical next step in the evolution of solar power technology, combining superior aesthetics with unparalleled reliability.
"Our engineers re-thought the concept of a solar panel so that the panels can be manufactured from the start to simplify installation, improve reliability and look like a glass skylight on the roof," said Barry Cinnamon, CEO of Akeena Solar, Inc. "We are proud to have Suntech as our manufacturing partner. And the improvements are not just in appearance and reliability; with Andalay we expect to reduce rooftop installation time by over 50 percent, requiring 70 percent fewer parts and 25 percent fewer rooftop attachment points."
"We are honored to have the opportunity to partner with Akeena Solar, in the manufacturing of Andalay", said Dr. Zhengrong Shi, Suntech's Chairman and CEO. "Our ability to manufacture an aesthetically pleasing and unique module such as Andalay demonstrates the traction that we have gained by combining the core competence of Suntech's manufacturing skills with our MSK division's building integrated PV (BIPV) design skills. We believe Andalay will clearly deliver an attractive and reliable solution to end-users, while providing system integrators with a solution that can be installed faster and ultimately result in lower install costs than ordinary systems."
Andalay will be introduced at a press conference just prior to the opening reception of Solar Power 2007. Andalay panels are available from Akeena now, and will be available to select solar industry partners in 2008.
Suntech will display its full range of products available in the U.S. at the Solar Power 2007 Conference and Expo being held in Long Beach, CA. For additional information, visit the Suntech exhibit booth in Hall B, Booth 364 at the Long Beach Convention and Entertainment Center.
About Akeena Solar, Inc.
Founded in 2001, Akeena Solar's philosophy is simple: We believe producing clean electricity directly from the sun is the right thing to do for our environment and economy. Akeena Solar has grown to become one of the largest national installer of residential and small commercial solar power systems in the United States, serving customers directly in California, New Jersey, New York, Connecticut and Pennsylvania. For more information, visit Akeena Solar's website at http://www.akeena.net .
About Suntech
Suntech Power Holdings Co., Ltd. is a leading solar energy company in the world as measured by both production output and capacity of solar cells and modules. Suntech provides solar solutions for a green future. Suntech designs, develops, manufactures, and markets a variety of high quality, cost effective and environmentally friendly PV cells and modules for electric power applications in the residential, commercial, industrial, and public utility sectors. Suntech's majority-owned subsidiary, MSK Corporation is one of the top-ranked companies in the building-integrated photovoltaics (BIPV) space. Suntech's customers are located in various markets worldwide, including key markets throughout Europe, North America, Japan and China. For more information, please visit http://www.suntech-power.com .
Monday, September 24, 2007
Polysilicon project broke ground in Xianyang, China
September 23, 2007 Shanxi Tianhong polysilicon project broke ground in Xianyang city.
Shanxi Tianhong is the joint venture of Shanxi Nonferrous Metal Holding Group, Shanxi Yanchang Petroleum Group, Xi'an Lvjing Technology and Shanxi Investment Group.
The polysilicon project investment is 3.7 billion RMB, and the total production capacity will be 3,750 tons. The first phase project is 1,250 ton electronic grade polysilicon, and the project will be completed in 24 months.
Shanxi Tianhong is the joint venture of Shanxi Nonferrous Metal Holding Group, Shanxi Yanchang Petroleum Group, Xi'an Lvjing Technology and Shanxi Investment Group.
The polysilicon project investment is 3.7 billion RMB, and the total production capacity will be 3,750 tons. The first phase project is 1,250 ton electronic grade polysilicon, and the project will be completed in 24 months.
Academy maps out China's strategic energy plan
(Xinhua)Updated: 2007-09-24 14:54
The Chinese Academy of Sciences (CAS) has set out a strategic plan for the development of China's energy industry until 2050.
The plan proposes three steps. The first is to develop energy-saving technology and master techniques in the collection, storage and utilization of carbon dioxide by 2020.
From 2021 to 2030, the focus will be on promoting nuclear energy and other renewable energies so they become main resources and maximizing the efficiency of solar energy.
Over the following 20 years, the academy advocates the reduction of fossil energies (coal, petroleum, natural gas) to less than 60 percent of total energy consumption.
"Drawing up a strategic plan for energy science and technology development is a significant guarantee to build a Chinese energy sustainable development system," said Lu Yongxiang, CAS president."
China should establish a renewable energy system by 2050 with which the amount of energy produced could generally meet the domestic demands of economic development," he added.
Last week, China's Minister of Science and Technology Wan Gang announced plans to establish a batch of international laboratories and research centers to strengthen cooperation in research and energy exploitation between governments and non-governmental organizations around the world.
The Chinese Academy of Sciences (CAS) has set out a strategic plan for the development of China's energy industry until 2050.
The plan proposes three steps. The first is to develop energy-saving technology and master techniques in the collection, storage and utilization of carbon dioxide by 2020.
From 2021 to 2030, the focus will be on promoting nuclear energy and other renewable energies so they become main resources and maximizing the efficiency of solar energy.
Over the following 20 years, the academy advocates the reduction of fossil energies (coal, petroleum, natural gas) to less than 60 percent of total energy consumption.
"Drawing up a strategic plan for energy science and technology development is a significant guarantee to build a Chinese energy sustainable development system," said Lu Yongxiang, CAS president."
China should establish a renewable energy system by 2050 with which the amount of energy produced could generally meet the domestic demands of economic development," he added.
Last week, China's Minister of Science and Technology Wan Gang announced plans to establish a batch of international laboratories and research centers to strengthen cooperation in research and energy exploitation between governments and non-governmental organizations around the world.
LDK Solar Signs Wafer Sales and Equipment Purchase Agreements with Sunways AG
September 24, 2007: 03:15 AM EST
XINYU CITY, China and SUNNYVALE, Calif., Sept. 24 /PRNewswire-FirstCall/ -- LDK Solar Co., Ltd. , a leading manufacturer of multicrystalline solar wafers, announced today that it has signed contracts to supply multicrystalline solar wafers and to purchase polysilicon production equipment from Sunways AG.
Under the terms of the wafer supply contract, LDK Solar will deliver approximately 1 GW of multicrystalline solar wafers to Sunways over a ten-year period starting in 2008. Under the terms of the equipment purchase agreement, LDK Solar will purchase two readily available Siemens technology-based reactors and related plant equipment from Sunways. In addition, Sunways AG will provide support services to LDK Solar during the facility construction and the ramp up of polysilicon production.
"The equipment purchase agreement with Sunways AG further bolsters our confidence in LDK Solar's ability to meet the goal of ramping polysilicon production in 2008," commented Xiaofeng Peng, Chairman and CEO. "We are pleased to continue to build our infrastructure by securing readily available polysilicon reactors from Sunways to serve as an additional training resource for our engineers and operators as we ready our facilities for polysilicon production of our previously announced 15,000 ton polysilicon plant. With this new additional project, we expect to raise our polysilicon capacity to 7,000 tons by the end of 2008 and 16,000 tons by the end of 2009"
"Securing solar wafer supplies is an imperative component to the successful growth of our company," stated Roland Burkhardt, CEO of Sunways. "We are excited to enter this agreement with LDK Solar, a leading supplier of high quality solar wafers."
About LDK Solar
LDK Solar Co., Ltd. is a leading manufacturer of multicrystalline solar wafers, which are the principal raw material used to produce solar cells. LDK sells multicrystalline wafers globally to manufacturers of photovoltaic products, including solar cells and solar modules. In addition, the company provides wafer processing services to monocrystalline and multicrystalline solar cell and module manufacturers. LDK's headquarters and manufacturing facilities are located in Hi-Tech Industrial Park, Xinyu City, Jiangxi province in the People's Republic of China. The company's office in the United States is located in Sunnyvale, California.
About Sunways AG
Sunways AG is one of the leading photovoltaics companies in Germany in terms of technology and quality. Its core competence is the development and production of solutions and products for the generation of electricity from solar energy, such as solar cells, inverters, solar modules and systems. The company has been quoted on the stock exchange since 2001, and since 2003 in the Prime Standard. In the fiscal year 2006, the consolidated sales of Sunways AG rose by 67 percent to 152.3 million Euro. Consolidated EBIT amounted to 1.0 million Euro, consolidated net income to approx. 1.7 million Euro.
XINYU CITY, China and SUNNYVALE, Calif., Sept. 24 /PRNewswire-FirstCall/ -- LDK Solar Co., Ltd. , a leading manufacturer of multicrystalline solar wafers, announced today that it has signed contracts to supply multicrystalline solar wafers and to purchase polysilicon production equipment from Sunways AG.
Under the terms of the wafer supply contract, LDK Solar will deliver approximately 1 GW of multicrystalline solar wafers to Sunways over a ten-year period starting in 2008. Under the terms of the equipment purchase agreement, LDK Solar will purchase two readily available Siemens technology-based reactors and related plant equipment from Sunways. In addition, Sunways AG will provide support services to LDK Solar during the facility construction and the ramp up of polysilicon production.
"The equipment purchase agreement with Sunways AG further bolsters our confidence in LDK Solar's ability to meet the goal of ramping polysilicon production in 2008," commented Xiaofeng Peng, Chairman and CEO. "We are pleased to continue to build our infrastructure by securing readily available polysilicon reactors from Sunways to serve as an additional training resource for our engineers and operators as we ready our facilities for polysilicon production of our previously announced 15,000 ton polysilicon plant. With this new additional project, we expect to raise our polysilicon capacity to 7,000 tons by the end of 2008 and 16,000 tons by the end of 2009"
"Securing solar wafer supplies is an imperative component to the successful growth of our company," stated Roland Burkhardt, CEO of Sunways. "We are excited to enter this agreement with LDK Solar, a leading supplier of high quality solar wafers."
About LDK Solar
LDK Solar Co., Ltd. is a leading manufacturer of multicrystalline solar wafers, which are the principal raw material used to produce solar cells. LDK sells multicrystalline wafers globally to manufacturers of photovoltaic products, including solar cells and solar modules. In addition, the company provides wafer processing services to monocrystalline and multicrystalline solar cell and module manufacturers. LDK's headquarters and manufacturing facilities are located in Hi-Tech Industrial Park, Xinyu City, Jiangxi province in the People's Republic of China. The company's office in the United States is located in Sunnyvale, California.
About Sunways AG
Sunways AG is one of the leading photovoltaics companies in Germany in terms of technology and quality. Its core competence is the development and production of solutions and products for the generation of electricity from solar energy, such as solar cells, inverters, solar modules and systems. The company has been quoted on the stock exchange since 2001, and since 2003 in the Prime Standard. In the fiscal year 2006, the consolidated sales of Sunways AG rose by 67 percent to 152.3 million Euro. Consolidated EBIT amounted to 1.0 million Euro, consolidated net income to approx. 1.7 million Euro.
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