BEIJING, Dec 11, 2008 (Xinhua via COMTEX) --British product quality and safety solution provider Intertek Group Plc. (ITRK.LSE) recently launched a full-service testing center of solar photovoltaic modules in Shanghai in a bid to provide localized services.
As the first one of this kind in the Chinese mainland, this testing center will help local solar product makers gain certifications on global markets and slash the time of export cycle with less payout in this regard.
Greegg Tiemann, executive vice president of Intertek, said that Chinese solar PV producers are enabled to obtain access to world market more quickly since the testing center is situated near major solar product manufacturers in Southeast China's Zhejiang Province.
Now, Intertek could release ETL mark and CE mark for North American market and European market, respectively, in addition to Intertek PV mark.
Meanwhile, Intertek expects to get allowed to issue CB certificate and PV Cap certificate in the first half of 2009, with efforts under way to participate in IECEE CB scheme with 43 member countries.
Thursday, December 11, 2008
JA Solar Again Cuts Q4 Guidance
Posted by Eric Savitz
The troubles in the solar sector continue to deepen.
JA Solar this afternoon again cut its Q4 guidance.
The solar cell company now sees revenue of about $124 million, down from previous guidance of $191.5 million to $220.9 million. The earlier guidance, which JA Solar had provided on November 12, had been dramatically below the then-consensus view of $371.4 million.
The company said it continues to see gross margin of 5% to 7%, and break-even non-GAAP earnings per ADS
JA Solar now sees 2008 production of 250-260 MW, down from earlier guidance of 310 MW.
In a statement, CEO Samuel Yang said that the company over the past few weeks has seen "a dramatic slowdown in orders" due to macro economic conditions.
Yang said he expects the company to be profitable in 2009.
After hours, JASO is down 17 cents, or 6%, to $2.68.
The troubles in the solar sector continue to deepen.
JA Solar this afternoon again cut its Q4 guidance.
The solar cell company now sees revenue of about $124 million, down from previous guidance of $191.5 million to $220.9 million. The earlier guidance, which JA Solar had provided on November 12, had been dramatically below the then-consensus view of $371.4 million.
The company said it continues to see gross margin of 5% to 7%, and break-even non-GAAP earnings per ADS
JA Solar now sees 2008 production of 250-260 MW, down from earlier guidance of 310 MW.
In a statement, CEO Samuel Yang said that the company over the past few weeks has seen "a dramatic slowdown in orders" due to macro economic conditions.
Yang said he expects the company to be profitable in 2009.
After hours, JASO is down 17 cents, or 6%, to $2.68.
China Sunergy, Solarwatt sign sales agreement
12/10/2008
NANJING, CHINA: Solar cell manufacturer China Sunergy has entered into an agreement with German solar module manufacturer Solarwatt AG to provide 22 MW of solar cells in 2009.
China Sunergy will supply Solarwatt with high efficiency mono-crystalline solar cells at fixed prices beginning in January 2009 and continuing at a consistent level over the rest of the year.
"I am pleased to have signed this agreement with Solarwatt, a leading firm within one of the most dynamic solar markets in the world,"said China Sunergy CEO and Director Dr. Ruennsheng Allen Wang.
"Despite the recent uncertain sales environment, we have been successful in securing important sales agreements with leading companies in key markets, and we remain well positioned to benefit as further clarity returns to the market."
NANJING, CHINA: Solar cell manufacturer China Sunergy has entered into an agreement with German solar module manufacturer Solarwatt AG to provide 22 MW of solar cells in 2009.
China Sunergy will supply Solarwatt with high efficiency mono-crystalline solar cells at fixed prices beginning in January 2009 and continuing at a consistent level over the rest of the year.
"I am pleased to have signed this agreement with Solarwatt, a leading firm within one of the most dynamic solar markets in the world,"said China Sunergy CEO and Director Dr. Ruennsheng Allen Wang.
"Despite the recent uncertain sales environment, we have been successful in securing important sales agreements with leading companies in key markets, and we remain well positioned to benefit as further clarity returns to the market."
Wednesday, December 10, 2008
BYD Solar Cell Project Broke Ground in Shangluo City
2008 December 10th, BYD Solar Cell Project broke ground in Shangluo City.
The investment agreement was signed on October 30th, and the total investment will be 2.5 billion RMB.
The investment for the first phase project is 500 million RMB, and will be completed in one year. Then BYD will have 100MW solar cell production capacity.
The investment agreement was signed on October 30th, and the total investment will be 2.5 billion RMB.
The investment for the first phase project is 500 million RMB, and will be completed in one year. Then BYD will have 100MW solar cell production capacity.
CHINA TO INCREASE SUPPORT FOR SOLAR POWER GENERATION
BEIJING, Dec 10, 2008 (AsiaPulse via COMTEX) -- The China National Development and Reform Commission (NDRC) and its affiliate National Energy Bureau are currently working on policy support and subsidy measures for solar power generation in China, said Shi Dinghuan, chairman of Chinese Renewable Energy Society (CRES) recently.
Shi noted that the government was increasing input in the development of renewable energy in terms of financial investment, R&D support and demonstration projects.
"Investment into energy projects, clean energy and ecological environment construction would contribute to stimulating domestic demand, which will also benefit further adjustment of China's energy structure in the development of low-carbon economy," said Shi.
Shi noted that the government was increasing input in the development of renewable energy in terms of financial investment, R&D support and demonstration projects.
"Investment into energy projects, clean energy and ecological environment construction would contribute to stimulating domestic demand, which will also benefit further adjustment of China's energy structure in the development of low-carbon economy," said Shi.
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