www.chinaview.cn 2007-09-11 20:54:36
BEIJING, Sept. 11 (Xinhua) -- China will vigorously promote energy conservation and emissions reduction to tackle climate change and promote sustainable development, Vice Premier Zeng Peiyan said on Tuesday.
"In order to ease the conflict between economic development and environmental protection, China will stick to the concept of human-oriented and scientific development," Zeng told the opening ceremony of an international forum of Nobel laureates and world-renowned economists.
China would pay more attention to "the expansion of domestic demand, the development of primary and tertiary industries, innovation and technological progress", he said.
The government would adjust the development mode mainly through energy conservation and emissions reduction, Zeng said, adding it would actively promote the use of renewable energy such as hydropower, wind energy, biomass energy and solar energy and the development of nuclear power.
"The proportion of renewable energy in overall energy consumption should rise from the current eight percent to 15 percent in 2020," he said.
Thermal power and iron and steel industries with high energy consumption and pollution would be eliminated at a faster speed, while energy-efficient buildings and environmental-friendly light bulbs would become dominant, Zeng said, calling for development of the recycling economy and efficient use of the energy resources.
Forest coverage would be increased from 18.2 percent in 2005 to20 percent in 2010, he said, adding frontier technologies such as hydrogen fuel cell and carbon absorption would be developed to support environmental protection.
A resource tax and pricing system, a user-pays mechanism for mineral resources and an environment compensation system should be established with improved laws and regulations to build an energy-saving and environment-friendly society, he added.
Nine Nobel laureates and five world-renowned scientists, including Robert Mundell, Edmund Phelps, Richard Schrock and Thomas Schelling, are meeting from Sept. 11 to 14 to discuss energy efficiency with 600 Chinese scientists, officials and experts.
They are expected to give more than 50 lectures on topics such as solar energy and its market development, global warming and the reduction in greenhouse gases in Beijing.
Wednesday, September 12, 2007
China Urges Electricity Suppliers to Buy 'Green' Power
by Ling Li
Starting this month, China's State Electricity Regulatory Commission (SERC) will assume nationwide oversight over power companies that are required under the country's renewable energy law to prioritize purchases of the maximum amount of 'green' electricity available in their coverage areas, according to a recent regulation released by SERC. This renewable power includes energy generated from sources such as hydropower, wind power, biomass, solar power, tidal power, and geothermal energy.
The regulation also details the authority, measures, and responsibilities necessary for SERC to facilitate the integration of renewable sources into power systems. It allows all renewable power facilities, with the exception of medium- and large-scale hydropower plants, to receive government subsidies in power pricing rather than having to participate in competitive bidding.
China adopted its first law on renewable energy in 2005 and has since issued several supplementary rules and regulations to boost the use of renewable energy. Yet renewable sources still account for only a very small portion of domestic power supply, mainly because of the high generation costs. The cost of electricity generated from solar power, for example, is some 3 yuan [US$ 0.39] per kilowatt-hour, while that from a typical coal-fired power plant is only around 0.22 yuan [US$0.028] per kWh.
A supplementary regulation on renewable power pricing and cost sharing, authored by the National Development and Reform Committee, has helped break this cost bottleneck by requiring power suppliers on the grid to purchase renewable electricity at either a government-fixed or a government-directed price. The additional cost of renewable energy is to be borne by electricity users.
An extra "renewable energy" charge of 0.001 yuan [US $0.00013] for every unit of electricity has been added to household utility bills since June 2006.
China's rapid economic growth relies heavily on coal-fired power and poses a serious challenge to the nation's energy supply as well as to its natural resources and environmental quality. The central government has recognized the importance of promoting renewable energy as a fundamental national strategy to achieve the dual goals of energy efficiency and sustainable development.
According to China's middle- and long-term plan for renewable energy development, the share of renewables used in primary energy consumption is to be increased to roughly 10 percent by 2010 and nearly 16 percent by 2020, up from some 7 percent in 2005. "Green" electricity, meanwhile, is to account for some 6 percent and 8 percent of the nation's total power generation by 2010 and 2020, respectively.
The success of renewable energy typically requires both government supports and market incentives, according to some entrepreneurs in the power industry. They argue that in addition to the current price subsidy, the Chinese government needs to further develop a mix of strong policies to encourage renewable power generation, such as providing loans or tax credits to green power producers.
Starting this month, China's State Electricity Regulatory Commission (SERC) will assume nationwide oversight over power companies that are required under the country's renewable energy law to prioritize purchases of the maximum amount of 'green' electricity available in their coverage areas, according to a recent regulation released by SERC. This renewable power includes energy generated from sources such as hydropower, wind power, biomass, solar power, tidal power, and geothermal energy.
The regulation also details the authority, measures, and responsibilities necessary for SERC to facilitate the integration of renewable sources into power systems. It allows all renewable power facilities, with the exception of medium- and large-scale hydropower plants, to receive government subsidies in power pricing rather than having to participate in competitive bidding.
China adopted its first law on renewable energy in 2005 and has since issued several supplementary rules and regulations to boost the use of renewable energy. Yet renewable sources still account for only a very small portion of domestic power supply, mainly because of the high generation costs. The cost of electricity generated from solar power, for example, is some 3 yuan [US$ 0.39] per kilowatt-hour, while that from a typical coal-fired power plant is only around 0.22 yuan [US$0.028] per kWh.
A supplementary regulation on renewable power pricing and cost sharing, authored by the National Development and Reform Committee, has helped break this cost bottleneck by requiring power suppliers on the grid to purchase renewable electricity at either a government-fixed or a government-directed price. The additional cost of renewable energy is to be borne by electricity users.
An extra "renewable energy" charge of 0.001 yuan [US $0.00013] for every unit of electricity has been added to household utility bills since June 2006.
China's rapid economic growth relies heavily on coal-fired power and poses a serious challenge to the nation's energy supply as well as to its natural resources and environmental quality. The central government has recognized the importance of promoting renewable energy as a fundamental national strategy to achieve the dual goals of energy efficiency and sustainable development.
According to China's middle- and long-term plan for renewable energy development, the share of renewables used in primary energy consumption is to be increased to roughly 10 percent by 2010 and nearly 16 percent by 2020, up from some 7 percent in 2005. "Green" electricity, meanwhile, is to account for some 6 percent and 8 percent of the nation's total power generation by 2010 and 2020, respectively.
The success of renewable energy typically requires both government supports and market incentives, according to some entrepreneurs in the power industry. They argue that in addition to the current price subsidy, the Chinese government needs to further develop a mix of strong policies to encourage renewable power generation, such as providing loans or tax credits to green power producers.
Tuesday, September 11, 2007
JA Solar Secures a New Long-Term Wafer Supply Agreement and Revised a Major Supply Agreement to Support the Growth
September 10, 2007: 07:48 AM EST
HEBEI, China, Sept. 10, 2007 (PRIME NEWSWIRE) -- JA Solar Holdings Co., Ltd. ("JA Solar", "the Company") (Nasdaq:JASO) today announced that it has entered a long-term wafer supply agreement with JiangSu Shunda Semiconductor Develop Co., Ltd. ("Shunda"). The Company also announced that it has revised the prepayment terms of its wafer supply contract with JingLong Group.
Under the terms of the Shunda agreement, Shunda will supply JA Solar with silicon wafers starting immediately. The monthly supply will increase through the duration of the 41-month contract. Total deliveries under the agreement can reach about 1.2GW. JA Solar will make a total prepayment of RMB 350 million (approximately US$46.4 million in three installments) for future deliveries.
Shunda is a wholly owned subsidiary of JiangSu Shunda Group Corporation located in Yangzhou, Jiangsu Province. JiangSu Shunda Group is a leading high-technology enterprise focusing on the PV market. The company's rapid expansion in recent years has enabled it to produce polysilicon, mono-crystalline ingots, and wafers. For more information please visit www.shundasolar.com.
Separately, in line with industry standards the Company has revised the monthly prepayment terms under its existing contract with JingLong Group. According to the revised contract, JA Solar made the full prepayment to JingLong Group of RMB 300 million (approximately US$39.8 Million) on August 31, 2007. JingLong Group will apply the prepayment against shipments to JA Solar on a ratio of RMB 10 per wafer shipped starting on January 1, 2008. As one of the primary suppliers of JA Solar, JingLong Group has shipped a total of 30.9 million wafers to JA Solar in the past twelve months.
"These contracts further strengthen our long-term wafer supply and will help enable us to meet the company's growth objectives as we work to satisfy ever-demanding market needs," said, Samuel Yang, Chief Executive Officer of JA Solar. "We will continue to work with our entire supply chain to build key strategic relationships to ensure product quality, supply stability and the economics required for us to sustain target growth and profitability."
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 http://www.jasolar.com.
HEBEI, China, Sept. 10, 2007 (PRIME NEWSWIRE) -- JA Solar Holdings Co., Ltd. ("JA Solar", "the Company") (Nasdaq:JASO) today announced that it has entered a long-term wafer supply agreement with JiangSu Shunda Semiconductor Develop Co., Ltd. ("Shunda"). The Company also announced that it has revised the prepayment terms of its wafer supply contract with JingLong Group.
Under the terms of the Shunda agreement, Shunda will supply JA Solar with silicon wafers starting immediately. The monthly supply will increase through the duration of the 41-month contract. Total deliveries under the agreement can reach about 1.2GW. JA Solar will make a total prepayment of RMB 350 million (approximately US$46.4 million in three installments) for future deliveries.
Shunda is a wholly owned subsidiary of JiangSu Shunda Group Corporation located in Yangzhou, Jiangsu Province. JiangSu Shunda Group is a leading high-technology enterprise focusing on the PV market. The company's rapid expansion in recent years has enabled it to produce polysilicon, mono-crystalline ingots, and wafers. For more information please visit www.shundasolar.com.
Separately, in line with industry standards the Company has revised the monthly prepayment terms under its existing contract with JingLong Group. According to the revised contract, JA Solar made the full prepayment to JingLong Group of RMB 300 million (approximately US$39.8 Million) on August 31, 2007. JingLong Group will apply the prepayment against shipments to JA Solar on a ratio of RMB 10 per wafer shipped starting on January 1, 2008. As one of the primary suppliers of JA Solar, JingLong Group has shipped a total of 30.9 million wafers to JA Solar in the past twelve months.
"These contracts further strengthen our long-term wafer supply and will help enable us to meet the company's growth objectives as we work to satisfy ever-demanding market needs," said, Samuel Yang, Chief Executive Officer of JA Solar. "We will continue to work with our entire supply chain to build key strategic relationships to ensure product quality, supply stability and the economics required for us to sustain target growth and profitability."
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 http://www.jasolar.com.
Monday, September 10, 2007
Solar Millennium AG and Inner Mongolia Lvneng New Energy establish joint venture in China
-Feasibility study for the first parabolic trough power plant in China
-Start of construction planned for next year
-Flagsol technology subsidiary crucial to creation of feasibility study
Erlangen/Hohhot (China), August 22, 2007. Solar Millennium AG, Erlangen (ISIN: DE0007218406), together with Inner Mongolia Lvneng New Energy Co. Ltd., has founded a company with headquarters in Hohhot in the People’s Republic of China. Both companies each own 50 percent of the new company Inner Mongolia STP Development Co. Ltd. based in Hohhot. The joint venture was established for the development and construction of the first parabolic trough power plant in China. The first step is the commissioning of a feasibility study expected to be completed by mid-2008. Once a positive result from the study has been obtained, the realisation of the solar thermal power plant is planned immediately.
The joint venture is the first result of the framework agreement signed last year in the presence of the Chinese Prime Minister Wen Jiabao, German Chancellor Angela Merkel and the German Federal Minister of Economics and Technology Michael Glos. This agreement stipulates the construction of solar thermal power plants with a total output of 1,000 megawatts by Solar Millennium and two Chinese companies.
This planned first project covers the construction of a parabolic trough power plant with an output of 50 megawatts in Inner Mongolia. The project was already included in China's current five-year plan and is meant to be an example for the use of such technology in China. Three alternative locations are considered as part of the feasibility study. Flagsol GmbH, the technology subsidiary of Solar Millennium AG, has been commissioned to carry out large parts of the feasibility study and will pay special attention to the design of the solar field.
Solar Millennium Chairman of the Board, Christian Beltle, comments: "We want to start with the construction of the first parabolic trough power plant in China as early as next year. Solar Millennium AG has successfully developed the first parabolic trough power plants in Europe and will now be able to construct the first solar thermal power plants in China. Constructing this power plant in a joint venture with our Chinese partners as an example of sustainable power generation in this region - a region that is characterized by rapidly increasing energy consumption - is a great honor for us."
Each parent company will provide half of the management of the joint venture.
About Solar Millennium AG:
Solar Millennium AG, Erlangen, is a globally active company in the renewable energy sector, with its main focus on solar thermal power plants. Solar Millennium specializes in parabolic trough power plants - a reliable, proven technology in which the company is a worldwide leader. The company covers all important business sectors of the value-added chain for solar thermal power plants, from project development to technology and the turn-key construction of power plants, to the operation and ownership of power plants. In Spain, Solar Millennium developed Europe's first ever parabolic trough power plants, two of which are already under construction. Further projects are planned with a capacity of several hundred Megawatts are located worldwide, with the focus upon Spain, the USA, China and North Africa. The company is also developing solar chimney power plants, with the aim of making this technology ready for the market.
About Inner Mongolia Lvneng New Energy Co. Ltd.:
The Inner Mongolia Lvneng New Energy Co. Ltd., with headquarters in Hohhot in the People’s Republic of China, specializes in renewable energies. The company, which was established by national research institutes and Inner Mongolia Ruyi Industrial Stock Co. Ltd. (a company in the energy trading and resource sector), has considerable project management, project development and project consulting experience in the renewable energy sector, especially concerning wind energy.
About the technology:
Solar thermal power plants generate electricity using heat energy captured from solar radiation. In a parabolic trough power plant, trough-shaped mirrors concentrate the sun rays onto a pipe in the focal line of the collector. Their absorption causes a heat transfer fluid to be heated in the pipe, generating steam in the power block by way of heat exchange. As with conventional power stations, the steam is utilized in a turbine to generate power; by integration of thermal storage, this power can then be supplied on demand. Thus, solar power plants can also generate electricity after sunset.
-Start of construction planned for next year
-Flagsol technology subsidiary crucial to creation of feasibility study
Erlangen/Hohhot (China), August 22, 2007. Solar Millennium AG, Erlangen (ISIN: DE0007218406), together with Inner Mongolia Lvneng New Energy Co. Ltd., has founded a company with headquarters in Hohhot in the People’s Republic of China. Both companies each own 50 percent of the new company Inner Mongolia STP Development Co. Ltd. based in Hohhot. The joint venture was established for the development and construction of the first parabolic trough power plant in China. The first step is the commissioning of a feasibility study expected to be completed by mid-2008. Once a positive result from the study has been obtained, the realisation of the solar thermal power plant is planned immediately.
The joint venture is the first result of the framework agreement signed last year in the presence of the Chinese Prime Minister Wen Jiabao, German Chancellor Angela Merkel and the German Federal Minister of Economics and Technology Michael Glos. This agreement stipulates the construction of solar thermal power plants with a total output of 1,000 megawatts by Solar Millennium and two Chinese companies.
This planned first project covers the construction of a parabolic trough power plant with an output of 50 megawatts in Inner Mongolia. The project was already included in China's current five-year plan and is meant to be an example for the use of such technology in China. Three alternative locations are considered as part of the feasibility study. Flagsol GmbH, the technology subsidiary of Solar Millennium AG, has been commissioned to carry out large parts of the feasibility study and will pay special attention to the design of the solar field.
Solar Millennium Chairman of the Board, Christian Beltle, comments: "We want to start with the construction of the first parabolic trough power plant in China as early as next year. Solar Millennium AG has successfully developed the first parabolic trough power plants in Europe and will now be able to construct the first solar thermal power plants in China. Constructing this power plant in a joint venture with our Chinese partners as an example of sustainable power generation in this region - a region that is characterized by rapidly increasing energy consumption - is a great honor for us."
Each parent company will provide half of the management of the joint venture.
About Solar Millennium AG:
Solar Millennium AG, Erlangen, is a globally active company in the renewable energy sector, with its main focus on solar thermal power plants. Solar Millennium specializes in parabolic trough power plants - a reliable, proven technology in which the company is a worldwide leader. The company covers all important business sectors of the value-added chain for solar thermal power plants, from project development to technology and the turn-key construction of power plants, to the operation and ownership of power plants. In Spain, Solar Millennium developed Europe's first ever parabolic trough power plants, two of which are already under construction. Further projects are planned with a capacity of several hundred Megawatts are located worldwide, with the focus upon Spain, the USA, China and North Africa. The company is also developing solar chimney power plants, with the aim of making this technology ready for the market.
About Inner Mongolia Lvneng New Energy Co. Ltd.:
The Inner Mongolia Lvneng New Energy Co. Ltd., with headquarters in Hohhot in the People’s Republic of China, specializes in renewable energies. The company, which was established by national research institutes and Inner Mongolia Ruyi Industrial Stock Co. Ltd. (a company in the energy trading and resource sector), has considerable project management, project development and project consulting experience in the renewable energy sector, especially concerning wind energy.
About the technology:
Solar thermal power plants generate electricity using heat energy captured from solar radiation. In a parabolic trough power plant, trough-shaped mirrors concentrate the sun rays onto a pipe in the focal line of the collector. Their absorption causes a heat transfer fluid to be heated in the pipe, generating steam in the power block by way of heat exchange. As with conventional power stations, the steam is utilized in a turbine to generate power; by integration of thermal storage, this power can then be supplied on demand. Thus, solar power plants can also generate electricity after sunset.
Solar thermal power generation in China
At present China has only built one 70KW solar tower project in Nanjing, and the power generation cost is about USD 0.27 per KWH. The experts have obtained 4 Chinese patents and two U.S patents from this project. And Chinese experts are working on one 100KW parabolic trough solar thermal project now.
And Chinese government has decided to build one 1MW solar thermal power generation project.
Chinese experts believe they can reduce the solar thermal power generation cost to USD 0.08 per KWH within 4 years.
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