China's solar PV sector faces uncertainty

BEIJING, Dec 08, 2008 (Xinhua via COMTEX) -- The growth pace of China's new energy industry is seriously dented by oil price slump and demand shrinkage due to the global financial crisis, according to analysts.

Zhou Tao, analyst with Greatwall Securities, said that solar photovoltaic industry suffers adverse impact on demand shrinkage of solar cells from Western countries and losses from Euro depreciation.

Xiong Lin, analyst with China Jianyin Investment Securities, said that a number of small-sized module producers have gone bankruptcy in East China's Jiangsu Province as a result of lacking capital and order cut.

Xiong said that solar energy industry would demonstrate an obvious trend of integration and increased market concentration in addition to uncertain market situation and order amount in 2009 for SunTech Power Holdings Limited (STP.NYSE).

Xiong predicted that China's solar cell module producers would see a five-percent drop of gross profit margin, taking in consideration of order, exchange rate and other factors.

It's widely accepted that investment in new energy sector will get restrained due to oil price drop, and substitution value of new energy will get slashed resulting from coal price slides.

In the long run, new energy will continue to have bright prospectus in term of its value in environmental protection, according to Xiong.

The power generating cost of solar photovoltaic electricity will be in line with the power generating cost of traditional energy in 2030, according to a report in early 2008 by China Jianyin Investment Securities.

Xiong said that it's hard to judge when solar electricity power cost comes in line with the cost of traditional power generation in the near term, with expectation-beating technological improvement in polycrystalline silicon as well as oil price tumble.

Earlier, Chang Xiaofeng, chairman and CEO of LDK Solar Co., Ltd. (LDK.NYSE), predicted that solar power cost probably would drop to one yuan per kilowatt within two to three year thanks to raw material price decreases.

Yu Yingyi, analyst with Pacific Securities, said that governments at various levels would support the development of solar PV industry in the long term in consideration of energy security and environmental protection.

Yu is optimistic about the long-term demand of solar energy products.

Forum on solar energy applications kicks off

By Huang Zhiling, Wang Wei (chinadaily.com.cn)
Updated: 2008-06-06 14:42

CHENGDU: The three-day First West China Solar Photovoltaic Industry and New Energy Development Forum started Friday morning in Shuangliu, a county under the administration of Chengdu, capital of Sichuan Province.
The forum, which has drawn more than 300 government officials, domestic and overseas experts in the solar photovoltaic and new energy sectors and investors, will discuss the development trends of China's solar photovoltaic and new energy sectors, said Shi Dinghuan, chairman of the Chinese Renewable Energy Industries Association.

With the mounting pressure on energy supply and increasing pollution on the environment, the world is paying more attention to the solar energy as a clean energy source.

As a result, the solar photovoltaic industry has become one of the fastest growing energy sectors in the world, and China has plans to become the world's largest market in terms of using solar energy.

Seventeen investment projects were signed at the forum, valued at 14.5 billion yuan (US$2.1 billion) Friday, between the Shuangliu county government and three companies from Sichuan. The projects are in the fields of solar photovoltaic, new energy, machinery, electronics and aviation service.

Shuangliu has attached great importance to development of the solar photovoltaic industry since 2004, and has ranked among the country's top 100 strongest counties in terms of economic development for seven consecutive years.

Suntech to Supply 4MW of Modules to Leading Italian PV System Developer Enerray

SAN FRANCISCO, April 2, 2008, 2008 /Xinhua-PRNewswire via COMTEX/ -- Suntech Power Holdings Co., Ltd. one of the world's leading manufacturers of photovoltaic cells and modules, today announced a 4MW module supply agreement with Enerray, an Italian designer, developer and manager of photovoltaic systems. The Suntech modules will be installed by Enerray in PV systems for the rooftops of large Italian industrial complexes.

"The Italian government's proven commitment to renewable energy has fueled significant solar market growth in the region. Suntech is resolute in supporting utilization of renewable energy resources through the supply of high quality and reliable solar products to European PV system providers such as Enerray," said Jerry Stokes, President of Suntech Europe.

Italy is an avid supporter of the solar industry with attractive feed-in-tariffs of EUR0.36/kWh for ground-mounted PV systems and EUR0.44/kWh for buildings integrated PV systems. The current government regulations have set the total feed-in-tariff program cap to 1.2GW before a re-evaluation of the solar program.

"We are experiencing significant demand for the deployment of commercial rooftop solar systems," said Dr. Eng. Marco Ghirardello, Chief Executive Officer of Enerray. "As one of Italy's leading installers of photovoltaic systems, we have chosen to partner with the well respected Suntech brand to bring their superior quality solar products to key projects in high commerce cities across Italy."

Europe is currently the largest regional market for solar photovoltaic systems with countries such as Germany, Spain and Italy experiencing rapid annual growth. In order to better serve customers in the region, Suntech has recently established local sales and service centers in Germany and Spain and plans to continue to expand its European network by establishing offices in Italy and Greece over the next 12 months.

About Enerray

Enerray is a company that designs, develops and manages photovoltaic systems of medium and large size. Thanks to its design and business network located in the most important Italian cities, Enerray operates throughout the whole of the Italian territory. The economies of scale that Enerray has obtained with its projects make it competitive also in the supply of modules, inverters and other components to installers of photovoltaic systems. For more information, please visit http://www.enerray.com .

About Suntech

Suntech Power Holdings Co., Ltd. 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 building integrated photovoltaic products under the MSK product line. 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 .

Solarfun Announces New CEO

SHANGHAI, China, Jan 03, 2008 (BUSINESS WIRE) -- Solarfun Power Holdings Co., Ltd. (NASDAQ:SOLF), an established manufacturer of photovoltaic cells, modules and ingots in China, today announced the appointment of Henricus Johannes Petrus "Harold" Hoskens as Chief Executive Officer. His tenure will commence on February 25, 2008 for an initial term of three years. Mr. Hoskens joins Solarfun from TPO Displays Corporation, Chunan Taiwan, where he recently served as Deputy CEO. Lu Yonghua, Chairman of Solarfun commented, "We are very fortunate to have attracted Harold to the Solarfun team. The growth and changing dynamics of the solar industry require leadership and expertise in operating and international experience. Harold has a proven track record in manufacturing, supply chain management, technology and customer relations. He is a well-rounded executive who can lead Solarfun to become a leading competitor in the burgeoning solar industry."

Mr. Lu will continue to serve as Chairman and remain actively involved in our business focusing on various areas of strategic importance to Solarfun.

Mr. Hoskens began his career with Royal Philips in 1988 following the receipt of his Master's Degree in Industrial Engineering & Management Science from Eindhoven University of Technology. In his first period at Philips he focused on Supply Chain and Supply Base execution and improvement for different business entities.

In 1997, Mr. Hoskens moved to the Royal Philips' Mobile Display Systems division in Hong Kong, serving as its CEO beginning in September 2003. MDS was a leading global player in the mobile LCD markets with extensive operations throughout Asia, as well as South America and Europe. At MDS, Mr. Hoskens helped to introduce new product concepts with leading customers in the cellular and automotive industries.

Mr. Hoskens led MDS into a merger with Toppoly from Taiwan, creating TPO Displays Corporation. TPO Displays focuses on the leading technologies for mobile displays (LTPS-TFT and AMOLED). In the integration process after the merger, he served in Taiwan as Deputy CEO with a focus on customers, technology and marketing for the newly established company. TPO Displays is currently privately held.

Mr. Hoskens noted that, "Solarfun is poised for continued growth. Its manufacturing scale, strong customer base, especially in Europe, and its efficient and low-cost manufacturing advantages from being located in China are all factors that attracted me to this organization. The solar industry is growing and dynamic. Companies that capture a leadership position over time will have low-cost manufacturing, high quality products, strong technology and strong brand recognition. I believe my experience and track record at Royal Philips and TPO fit well with these demands and I look forward to contributing to Solarfun's continued success."

Trina Solar, EniPower enter solar supply agreement

Filed from Houston 9/28/2007 10:10:06 PM GMT

CHINA/ITALY: China-based Trina Solar Ltd. and EniPower, a subsidiary of Italy-based Eni, have entered into an agreement under which Trina Solar will supply EniPower with high quality photovoltaic (PV) modules. Trina Solar said the agreement is an important milestone for the company as its continues to strengthen its brand in Italy's growing PV market.

The agreement is the result of a letter of intent signed in April of this year to establish a long-term business relationship. A 1 MW contract has been already signed with an option of an additional 5 MW for the rest of the contract period.

Trina Solar said recent regulations to promote solar PV installations in Italy make the country one of the most attractive markets in the solar PV industry today.

Clean-tech VC investment booming in China

London, 26 July: Venture capitalists invested $420 million in Chinese clean technology companies in 2006, more than double the previous year's $170 million, according to a report from Cleantech Network.

The US network of investors and clean-tech firms predicted the trend would continue, with clean-tech venture capital (VC) investment reaching $580 million this year, and surpassing $720 million in 2008.

"Policy drives much of the interest in China's clean-tech industries. The enforcement of China's renewable energy law attracted a flood of VC investment into energy-related fields in 2006," the report said.

Some 70% of the $420 million total was invested in the solar sector, including 2006's largest VC deal – the $53 million first-stage investment by CVC International and Good Energies in SolarFun, a manufacturer of photovoltaic cells. SolarFun was subsequently floated on US exchange Nasdaq, a trend that is also set to continue with at least four solar companies expected to go public this year, the report noted.

Energy generation will continue to take the lion's share of VC investment in coming years, but water and wastewater will be the next emerging segment, the Ann Arbor, Michigan-based Cleantech Network predicted, as "China is facing serious issues of water quality and water resources, especially in North China".

Of the 26 deals struck in 2006, six were in the water sector, for a total of $90 million. However, the report predicts water technology investment will only reach $100 million by 2008.

Overall VC investment in China reached $2.2 billion in 2006, and the report said veteran investors see opportunity in clean-tech that is akin to IT – which today is the dominant investment segment in China.

China is able to produce all the solar cell production equipments

Solar energy sector is quite hot in China, there are several dozens of solar cell manufacturers and several hundreds of solar panel manufacturers in China.

The cost advantage brings great opportunities to the solar cell production equipments manufacturers, and then these manufacturers have fund to improve their technologies to better serve their clients.

At present these Chinese solar cell production equipments manufacturers are able to produce all the equipments used in the solar cell production. To be frank, some of their technologies are not as advanced as the ones used by the Western manufacturers, but their equipments do meet the clients' certain demand. I am sure that several years later their equipments will be further improved and adopt the most advanced technologies.

Xinjiang SunOasis to construct three solar power stations in Tibet

Shanghai. July 23. INTERFAX-CHINA - China Xinjiang SunOasis Co. Ltd., a hi-tech enterprise engaged in the solar energy industry, signed a cooperative contract last week with China Mobile Group to construct three solar power stations in the Tibet Autonomous Region, state media reported over the weekend. The three solar power stations will be finished at the end of August.

LDK Solar Signs Contract to Purchase Polysilicon Production Equipment from GT Solar

July 20, 2007: 08:30 AM EST

XINYU CITY, China and SUNNYVALE, Calif., July 20 /PRNewswire-FirstCall/ -- LDK Solar Co., Ltd. , a leading manufacturer of multicrystalline solar wafers, announced today that it has signed a contract to purchase polysilicon production equipment from U.S.-based GT Solar Incorporated, a subsidiary of GT Solar International, Inc.

Under this contract, LDK Solar will purchase polysilicon reactors and other polysilicon production equipment for installation in its manufacturing facilities in Xinyu City, enabling the Company to produce virgin silicon feedstock for use in its production of multicrystalline solar wafers. LDK expects that following installation of this equipment, the Company will have polysilicon production capacity of up to 6,000 metric tons in 2008 and 15,000 metric tons in 2009.

"Through the purchase of this equipment, we are expanding our capabilities in the solar value chain, adding the production of pure polysilicon to our operations," stated Xiaofeng Peng, Chairman and CEO. "In combination with our ability to use recyclable polysilicon in our production process, producing our own pure polysilicon feedstock will enhance our cost efficiencies.

"We look forward to working with GT Solar and installing their best-in- class polysilicon production equipment into our manufacturing facilities. Our purchase contract with GT Solar is a key element of our expanding production plans," concluded Mr. Peng.

"We are excited to work with an industry leader, LDK, in providing them with the equipment that supports their operational expansion," stated Tom Zarrella, President and CEO of GT Solar International.

GT's VP for Polysilicon, David Keck, stated, "LDK has plans to become a leader in polysilicon production, so we are pleased to be working with them and to continue our long standing relationship."

LDK Sr. VP of manufacturing, Nick Sarno, also stated, "This is an exciting day for LDK Solar as the Company has taken one more step toward becoming the world leader in low cost solar wafer manufacturing by securing future polysilicon supplies. The LDK team is looking forward to working with GT Solar and, in particular, with the team headed by Dave Keck. The future offers both challenges and great rewards for all involved."

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 GT Solar

GT is one of the largest providers of manufacturing equipment and turnkey manufacturing solutions to the PV industry. Based in Merrimack, NH (USA), the company's products include equipment used to produce multicrystalline solar wafers, cells, modules. GT Solar also manufactures polysilicon reactors, which allow its customers to produce the polysilicon from which solar wafers are made. For more information, go to http://www.gtsolar.com.

Cleantech Investments in China Soar

New report said 2007 investment will rise 38 percent.July 19, 2007
By Marie Alpman

Chinese cleantech companies scored $154 million in venture funding in the first-quarter, a fourfold increase from the same period two years ago, a new report released Thursday said.

The report from the Cleantech Group, a research firm based in Brighton, Mitchigan, that tracks cleantech investments around the world, also noted that investments in China’s cleantech sector for all of 2007 likely will surpass investments in 2006. The report estimated that total investments in alternative energy and other clean technologies in China will reach $580 million this year, compared to $420 million in 2006.

The report said investment in cleantech is being driven by China's Renewable Energy Law, which went into effect last year and states that 10 percent of the nation's energy output should come from renewable sources by 2010.

China's solar sector is particularly hot. In 2006, about 70 percent of the venture capital was spent on solar companies, and the biggest first-quarter 2007 deal was an $82 million investment, led by Goldman Sachs, in Jiangsu Shunda, a photovoltaic solar company. To boot, five Chinese solar companies went public on U.S. exchanges and London's AIM in 2006; so far this year, three more Chinese firms have been listed in the U.S.

According to the report, the next booming segment will be water purification. Investments in water technologies are expected to reach $100 million in 2008, the report said.

For China's JA Solar, Supplier Alliances Create Solid Outlook

BY BRIAN WOMACK
INVESTOR'S BUSINESS DAILY
Posted 7/17/2007

In solar energy, the latter half of the supply and demand equation is the easy part. That's what makes JA Solar's (JASO) new supply pact, plus its close ties to another supplier, big.

JA Solar enjoys a strong relationship with a big supplier of polysilicon, the material used to make solar cells. JA says that company, Jinglong Group, is China's biggest maker of polysilicon. Jinglong's parent, Jinglong BVI, owns the biggest piece of JA Solar. The size of that stake appears to be 32%. And JA Solar's chairman is the president of Jinglong. JA Solar says it gets the polysilicon from Jinglong at 5% below spot market prices.

But then last month, JA Solar inked a pact with M.Setek, a privately held Japanese company, to supply it with polysilicon starting this month. That agreement about doubles the amount of silicon wafers that will be available to JA Solar through 2010.

New supply agreements are huge because the industry is struggling through silicon shortages that may not clear up until '09, analysts say.

"That (deal) brought to light a lot of the differences between them and some other" solar companies, said John Hardy, an analyst with American Technology Research.

The deal also helped propel JA's American Depositary Receipts to an all-time high of 43.87 on July 9. The company went public in the U.S. in early February at $15 a share. It trades near 38. It fell about 6% on Tuesday after Needham & Co. downgraded the stock to hold, based on its recent quick run-up.

Still, the stock's gains exceed such big solar highfliers as solar installer SunPower, (SPWR) which is up 50% since JA's IPO and panel maker Suntech, (STP) up about 15%.

Solar is one of the best stock sectors today. IBD's Energy-Other group, which includes solar companies, ranks No. 7 among 197 industry groups tracked by IBD in terms of stock performance over the past six months. Governments around the world are subsidizing solar companies, looking to promote clean energy that helps the environment and reduces their dependence on oil, gas and other energy resources that have seen fast price hikes.

Hardy, who has a buy rating on JA Solar, says investors hope the company will be able to ramp up its manufacturing faster thanks to the M.Setek pact.

This month, JA Solar confirmed that it planned to boost its output by more than 50%, adding four new production lines. The company hasn't yet said anything about its production plans in 2008.

Last month, CIBC Markets analyst Jeff Osborne upgraded the stock to outperformer from sector performer. "We see this announcement (with M.Setek) as putting JA up with Suntech as a leader in China in regards to supply," he wrote in a research note.

He notes they appear to be the only two Chinese solar companies with silicon needs already "in the bag" for 2008.

The supply outlook justifies JA Solar's stock price, says Pavel Molchanov, an analyst with Raymond James. He rates the stock a strong buy. He says the solar industry's outlook calls for 30% annual revenue growth for the time being.

The company is expected to earn $1.06 a share this year, based on the consensus of eight analysts polled by Thomson Financial. That's vs. 37 cents last year and the loss of a penny a share in 2005.

Hi-Tech Wealth Announces Approval of Solar Mobile Phone Patents

BEIJING, July 12 /PRNewswire-FirstCall/ -- Hi-Tech Wealth Inc. , a leading consumer sales and marketing company engaged in the development and distribution of proprietary and branded digital mobile devices, today announced that it has received four patents covering the Company's design of its recently launched Solar Mobile Phone. Hi-Tech Wealth launched the Solar Mobile Phone in May 2007.

"Over the past year, we have introduced unique digital mobile devices like the Information Security phone and, most recently, the Solar Mobile Phone. We are so pleased to expand our patent portfolio and protect the innovative features we create and ultimately market to China's niche consumer markets," stated Dr. ZhengYu Zhang, Chief Executive Officer and Chairman of Hi-Tech Wealth.

Today's announcement reflects the following patent awards:
-- Patent No.200620120875.6, which covers the Solar Mobile Phone's built-
in battery;
-- Patent No.200620120876.0, which covers the Solar Mobile Phone's
handheld design;
-- Patent No.200620148418.8, which covers the Solar Mobile Phone's
handheld design;
-- and Patent No.200620148417.3, which covers the Solar Mobile Phone's
handheld design.

Dr. Zhang concluded, "We have several additional patent applications pending and we'll continue to pursue enhancing our patent portfolio to seek protection for our distinctive features and devices."

About Hi-Tech Wealth Inc.

With over two million of the Company's "Shang Wu Tong" branded mobile devices sold in China today, Hi-Tech Wealth Inc. is an integrated, multi- channel consumer sales and marketing company. Hi-Tech Wealth Inc. engages in the development and distribution of proprietary and branded digital mobile devices via direct response TV, internet sales, and through more than 1000 exclusive distributors throughout the PRC. Learn more about Hi-Tech Wealth Inc. at http://www.htwchina.com.

China Sunergy rises on patent announcement

July 12, 2007

The week's solar stock euphoria continued with an announcement today from China Sunergy (NASDAQ: CSUN) that it has received patent approval on a new N-type solar cell.

Shares of China Sunergy are up 5 percent, or $0.64, to $11.80 this morning. The stock had slid the last two weeks from its post-IPO high of almost $14。

The State Intellectual Property Office of The People's Republic Of China ("SIPO") approved a patent for 20 years on the company's new N-cell design.

China Sunergy commericalizes both P and N-type materials, both of them traditionally used in "p-n junction" solar cells, the most common sort of solar cell.

China Sunergy has also submitted a patent application to SIPO for P-type selective emitter cell technology and expects approval in 2009.

''Our strong new product pipeline, which will include P-type selective emitter cells and N-type cells, and the exciting progress in commercializing the former, is giving us confidence that we will be one of the technology leaders in the years ahead. Furthermore, this will also help us address the raw material supply tightness that the industry is experiencing at the moment," said Tingxiu Lu, Chairman and CEO of China Sunergy.

China Sunergy sells solar cell products to Chinese and other module manufacturers and system integrators, who assemble solar cells into solar modules and solar power systems for use in various markets.

It's been a generally great week for Asian and other solar stocks, with customer wins and other positive news driving many in the sector upwards

China Solar Cell Production Output in 2007 will reach 1GW

In 2006 China solar cell production output was 385MW, 15% of the global total ouput. And it is estimated that in 2007 China solar cell production output will reach 1GW, 25% of the global total ouput.

Yingli Green Energy Gets Solar Deal

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.

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 .

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.

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.

3000 ton polysilicon project launched in Mudanjiang, China

One 3000 ton polysilicon project contract was signed on December 29th, 2006, the total investment is 2.5 billion RMB (250 million Euro).

At present the project is still in early phase now.

It is said that Mudanjiang has the best polysilicon production infrastructure in China, all the production needed materials are available near the project in Mudanjiang.

China CHINT will expand its solar cell production capacity to 300MW in 2009

CHINT is the leading player in the Low-voltage electrical and Power Transmission and Distribution industries in China.

CHINT found CHINT Solar in October 2006 in Hangzhou, and the former BP Solar director, Mr. Liyou Yang is the general manager of CHINT Solar. The first thin film solar cell production line in the world was built under the direction of Mr. Liyou Yang.

The first phase solar cell production capacity is 25MW, and the production capacity will reach 100MW in 2008 and reach 300MW in 2009.