Associated Press 07.10.07, 2:52 PM ET
German chemical company Wacker Chemie AG signed an eight-year supply deal with Yingli Green Energy Holding Co. to provide polysilicon, a material used to build solar cells, the Chinese manufacturer said Tuesday.
Financial terms of the deal were not disclosed.
The Munich, Germany-based company will deliver enough polysilicon to the Chinese solar cell manufacturer to produce 400 megawatts of solar cells starting 2010 through 2018. Solar power technology uses solar cells to convert light from the sun into electricity.
"This new long-term supply agreement, together with two existing long-term supply agreement with Wacker scheduled from 2009 through 2013 and 2017, will greatly support our Phase III expansion project," said Liansheng Miao, chairman and chief executive of Yingli Green Energy, in a statement.
As part of its Phase III project, Yingli Green Energy is seeking to grow all three of its major product lines by 400 megawatts each by 2008, and 600 megawatts each by 2010, a company spokesman said.
Shares of Yingli Green Energy fell 3 cents to $17.93 in midday trading.
Wednesday, July 11, 2007
Tuesday, July 10, 2007
Trina Solar Announces Several Solar PV Module Contract Wins in Europe
July 09, 2007: 09:03 AM EST
CHANGZHOU, China, July 9 /Xinhua-PRNewswire-FirstCall/ -- Trina Solar Limited ("Trina Solar" or the "Company"), an integrated manufacturer of solar power products based in Changzhou, China, announced today several contract wins to supply solar photovoltaic (PV) modules with an aggregate output of up to 99MW to key accounts in Europe over the next two to three years. Initial shipments have been made on each of the contracts.
"Our recent contract wins demonstrate our success in targeting large and medium-sized companies, including PV system integrators, distributors and wholesalers," remarked Mr. Arturo Herrero, Trina Solar's Director of Sales & Marketing. "These contract wins are also an important step for Trina Solar to continue gaining brand recognition in some of the most strategic solar PV markets in Europe and positions Trina Solar well to further expand its presence in these important markets."
During the first half of 2007, Trina Solar made significant progress towards consolidating its position in Germany and penetrating the solar PV markets in Spain and Italy. The Company's contract wins during the period include:
-- 6MW contract with Enerpoint in Italy to supply solar modules over the next three years
-- 22MW to 33MW contract with Tecnospot in Italy to supply solar modules over the next three years
-- 20MW contract with Enereco in Italy to supply solar modules over the next three years
-- 40MW contract with IBC Solar in Germany to provide IBC with solar modules over the next two years, extendable to a higher volume
"We are extremely pleased with our progress in the European market in general and with our very strong presence in the fastest growing solar PV module markets in Spain and Italy," said Mr. Jifan Gao, Trina Solar's Chairman and CEO. "Our outlook remains positive, and as we enter the seasonally stronger quarters of the year and continue to expand our geographic footprint into new markets, we anticipate significant growth in revenues as we establish Trina Solar as one of the top global solar products companies."
About Trina Solar Limited
Trina Solar Limited , through its wholly-owned subsidiary Changzhou Trina Solar Energy Co., Ltd., is an integrated solar PV manufacturer based in China. The company began research and development efforts in solar products in 1999 and in 2002 it started the system integration business. The company moved into the assembly of solar modules in 2004 as well as the manufacturing of monocrystalline ingots, wafers and cells in 2005, 2006, and 2007, respectively. The company's solar modules provide reliable and environmentally-friendly electric power for residential, commercial, industrial and other applications worldwide. The company sells its products to customers around the globe, including a number of European countries, such as Germany, Spain and Italy, where government incentives have accelerated the adoption of solar power. For further information, visit the company's website at http://www.trinasolar.com .
CHANGZHOU, China, July 9 /Xinhua-PRNewswire-FirstCall/ -- Trina Solar Limited ("Trina Solar" or the "Company"), an integrated manufacturer of solar power products based in Changzhou, China, announced today several contract wins to supply solar photovoltaic (PV) modules with an aggregate output of up to 99MW to key accounts in Europe over the next two to three years. Initial shipments have been made on each of the contracts.
"Our recent contract wins demonstrate our success in targeting large and medium-sized companies, including PV system integrators, distributors and wholesalers," remarked Mr. Arturo Herrero, Trina Solar's Director of Sales & Marketing. "These contract wins are also an important step for Trina Solar to continue gaining brand recognition in some of the most strategic solar PV markets in Europe and positions Trina Solar well to further expand its presence in these important markets."
During the first half of 2007, Trina Solar made significant progress towards consolidating its position in Germany and penetrating the solar PV markets in Spain and Italy. The Company's contract wins during the period include:
-- 6MW contract with Enerpoint in Italy to supply solar modules over the next three years
-- 22MW to 33MW contract with Tecnospot in Italy to supply solar modules over the next three years
-- 20MW contract with Enereco in Italy to supply solar modules over the next three years
-- 40MW contract with IBC Solar in Germany to provide IBC with solar modules over the next two years, extendable to a higher volume
"We are extremely pleased with our progress in the European market in general and with our very strong presence in the fastest growing solar PV module markets in Spain and Italy," said Mr. Jifan Gao, Trina Solar's Chairman and CEO. "Our outlook remains positive, and as we enter the seasonally stronger quarters of the year and continue to expand our geographic footprint into new markets, we anticipate significant growth in revenues as we establish Trina Solar as one of the top global solar products companies."
About Trina Solar Limited
Trina Solar Limited , through its wholly-owned subsidiary Changzhou Trina Solar Energy Co., Ltd., is an integrated solar PV manufacturer based in China. The company began research and development efforts in solar products in 1999 and in 2002 it started the system integration business. The company moved into the assembly of solar modules in 2004 as well as the manufacturing of monocrystalline ingots, wafers and cells in 2005, 2006, and 2007, respectively. The company's solar modules provide reliable and environmentally-friendly electric power for residential, commercial, industrial and other applications worldwide. The company sells its products to customers around the globe, including a number of European countries, such as Germany, Spain and Italy, where government incentives have accelerated the adoption of solar power. For further information, visit the company's website at http://www.trinasolar.com .
Monday, July 9, 2007
Sichuan Silicon Material Alliance was founded on July 8, 2007
Sichuan Silicon Material Alliance was founded on July 8, 2007. Among the alliance memeber are Sichuan Xinguang Silicon, Ermei Semiconductor, Sichuan Polysilicon, Jiayang New Energy and Kaiyada Photovoltaic.
The alliance plans to invest 18 billion RMB to build facilities to produce 15,000 ton polysilicon, 2,000 ton monosilicon and 200MW solar cell per year.
The alliance plans to invest 18 billion RMB to build facilities to produce 15,000 ton polysilicon, 2,000 ton monosilicon and 200MW solar cell per year.
JA Solar Commences Production on Four New Lines
July 09, 2007: 08:00 AM EST
HEBEI, China, July 9, 2007 (PRIME NEWSWIRE) -- JA Solar Holdings Co., Ltd. ("the Company") (Nasdaq:JASO) today announced that it has commenced production on four additional solar cell production lines. Located on the Company's existing Ningjin, Hebei site, the four new 25 MW per annum lines increase JA Solar's manufacturing capacity from 75 MW to 175 MW per annum.
Samuel Yang, JA Solar's Chief Executive Officer, said, "We were able to bring four new lines online ahead of the original schedule. This is another example of the industry and operation experience our management team boasts, combined with the flexibility and faster decision process typically seen among industry leaders. With 175 MW of solar cell manufacturing per annum we have confidence JA Solar will be able to meet the expected demand levels we are seeing from customers."
About JA Solar Holdings Co., Ltd.
Based in Hebei, China, JA Solar Holdings Co., Ltd. is an emerging and fast-growing manufacturer of high-performance monocrystalline solar cells. The Company sells its products to solar module manufacturers who assemble and integrate its solar cells into modules and systems that convert sunlight into electricity. For more information, please visit www.jasolar.com.
HEBEI, China, July 9, 2007 (PRIME NEWSWIRE) -- JA Solar Holdings Co., Ltd. ("the Company") (Nasdaq:JASO) today announced that it has commenced production on four additional solar cell production lines. Located on the Company's existing Ningjin, Hebei site, the four new 25 MW per annum lines increase JA Solar's manufacturing capacity from 75 MW to 175 MW per annum.
Samuel Yang, JA Solar's Chief Executive Officer, said, "We were able to bring four new lines online ahead of the original schedule. This is another example of the industry and operation experience our management team boasts, combined with the flexibility and faster decision process typically seen among industry leaders. With 175 MW of solar cell manufacturing per annum we have confidence JA Solar will be able to meet the expected demand levels we are seeing from customers."
About JA Solar Holdings Co., Ltd.
Based in Hebei, China, JA Solar Holdings Co., Ltd. is an emerging and fast-growing manufacturer of high-performance monocrystalline solar cells. The Company sells its products to solar module manufacturers who assemble and integrate its solar cells into modules and systems that convert sunlight into electricity. For more information, please visit www.jasolar.com.
Sunday, July 8, 2007
China Gritek will expand its solar cell silicion production
Gritek is one major manufacturer of monosilicon ingot & wafers in China, and Gritek plans to invest 117.09 million RMB to build one 240 ton solar grade monosilicon project.
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