Toronto, Canada [RenewableEnergyWorld.com]
Canadian Solar Inc. announced that it has signed an agreement with the Suzhou New District, Suzhou municipal government to fund local solar projects. The Suzhou New District government has agreed to provide US $1.09 million in matching funds in conjunction with the subsidies provided by China's Ministry of Finance and Ministry of Constructions for building PV installations.
"These funds will be used to capitalize commercial rooftop and BIPV projects in the region of the municipality."
-- Dr. Shawn Qu, Chairman and CEO, Canadian Solar
These monies will be used to exclusively support solar projects undertaken by Canadian Solar in Suzhou New District. Other sources of project debt or equity will be arranged by the company or by the project owners.
"Canadian Solar is proud to announce, in cooperation with the Suzhou New District, that we are the first to jointly develop a municipal PV program using the renewable energy stimulus funds in China. These funds will be used to capitalize commercial rooftop and BIPV projects in the region of the municipality,” said Dr. Shawn Qu, chairman and CEO of Canadian Solar.
In related news, CSI has also announced that it has signed a new sales agreement with Topinfrasolar, a Korean systems integrator, which will expand the relationship and supply agreement by an additional 5 megawatts (MW).
sola
The contracted deliveries may include both regular and e-Modules and stipulates deliveries for Korean installations in 2009. CSI and Topinfrasolar have had a successful business relationship since the beginning of 2009 that has already resulted in the successful delivery to five projects of approximately 3 MW in total.
"We are also very pleased to work with Canadian Solar, one of the world class suppliers of solar photovoltaic panels. We have so far implemented several solar farm projects in Korea using Canadian Solar modules and we are impressed by their consistently superior module quality. With this new contract, we look forward to continuing our relationship with Canadian Solar and to offering long-term reliable returns to our solar farm investors," said Hyung Seok Oh, CEO of Topinfrasolar.
Showing posts with label solar project. Show all posts
Showing posts with label solar project. Show all posts
Friday, May 8, 2009
Saturday, April 11, 2009
China's Jiangsu to detail solar PV power subsidy policy
BEIJING, Apr 09, 2009 (Xinhua via COMTEX) -- ZZFNV | Quote | Chart | News | PowerRating -- Jiangsu Province in East China is drawing up specific provisions for the implementation of national subsidy policy for solar photovoltaic (PV) projects, said Wei Qidong, secretary-general of Energy Research Association of Jiangsu Province.
This is seemed as an encouraging action to materialize China's newly issued subsidy policy on solar PV power projects, which provides 20 yuan for each watt-peak of installed solar PV power capacity.
The Ministry of Finance and Ministry of Housing and Urban-Rural Development jointly released China's version of solar roof program earlier.
The subsidy policy is aimed to build a number of demonstrative solar PV projects, mainly solar PV roof projects and PV curtains in large and midsize cities as well as off-grid solar PV power stations in rural and remote areas.
Still, industry insiders have expressed their concern on the available amount of subsidy each year given the lack of exact number of subsidy to be provided.
Wang Sicheng, an expert with solar PV industry, said that the government has to provide at least 10 billion yuan of subsidy for 500 MW of China-made solar products each year, accounting for 25 percent of national overall output in 2008.
It's hard to evaluate the impact of solar PV roof program on solar PV industry when the total subsidy amount number isn't available.
Wei said that solar product manufacturers are unlikely to enjoy subsidy on solar PV power projects and on solar PV electricity for the same time.
Overshadowing concerns on China's solar PV industry also include the sustainability of subsidy policy and possible over-crowded investment and speculation spurred by the subsidy policy.
This is seemed as an encouraging action to materialize China's newly issued subsidy policy on solar PV power projects, which provides 20 yuan for each watt-peak of installed solar PV power capacity.
The Ministry of Finance and Ministry of Housing and Urban-Rural Development jointly released China's version of solar roof program earlier.
The subsidy policy is aimed to build a number of demonstrative solar PV projects, mainly solar PV roof projects and PV curtains in large and midsize cities as well as off-grid solar PV power stations in rural and remote areas.
Still, industry insiders have expressed their concern on the available amount of subsidy each year given the lack of exact number of subsidy to be provided.
Wang Sicheng, an expert with solar PV industry, said that the government has to provide at least 10 billion yuan of subsidy for 500 MW of China-made solar products each year, accounting for 25 percent of national overall output in 2008.
It's hard to evaluate the impact of solar PV roof program on solar PV industry when the total subsidy amount number isn't available.
Wei said that solar product manufacturers are unlikely to enjoy subsidy on solar PV power projects and on solar PV electricity for the same time.
Overshadowing concerns on China's solar PV industry also include the sustainability of subsidy policy and possible over-crowded investment and speculation spurred by the subsidy policy.
Tuesday, December 16, 2008
Suntech Opens Sales and Customer Service Office in Italy
SAN FRANCISCO and WUXI, China, Dec. 16 /PRNewswire-Asia/ -- Suntech Power Holdings Co., Ltd. (NYSE: STP), the world's largest photovoltaic (PV) module manufacturer, today announced the opening of a sales office in Milan, Italy to provide enhanced sales and service support to Suntech's Italian customer base.
Jerry Stokes, Suntech's President of Europe, said, "Our new office in Milan is another step towards the increasing globalization of Suntech's sales and service capabilities. To complement our core sales competency, we are building a multi-faceted team across Europe that is in tune with local market conditions and can respond to customer needs promptly. We believe our customers appreciate this commitment and see Suntech as a reliable, long term solar partner."
Mauro Sgherri, Suntech's Director of Sales, Italy, said, "Suntech's involvement in many of the highest profile solar projects in Europe combined with a deep dedication to quality and continuous technology improvement distinguishes Suntech's solar offering in the Italian market. Moreover, Suntech's industry leading scale, broad product portfolio and timely product delivery highlight our market leadership. We have established a top tier customer base of companies that have long term solar plans and have already built an order book in Italy of over 130 megawatts for 2009. We look forward to supporting the growth plans of our Italian customers through the stablesupply of high quality solar modules and responsive customer service."
The Italian market is set to grow rapidly in 2009 due to strong support from the Italian government in the form of solar subsidies that range from EUR0.36/kWh for large ground-mounted PV systems and up to EUR0.49/kWh for building integrated PV systems. The high solar irradiation provides excellent conditions for generating solar energy.
About Suntech
Suntech Power Holdings Co., Ltd. (NYSE: STP) 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 BIPV products under the MSK Solar Design Line(TM). Suntech hassales offices worldwide and is a market share leader in key global solar markets. For more information, please visit http://www.suntech-power.com .
Jerry Stokes, Suntech's President of Europe, said, "Our new office in Milan is another step towards the increasing globalization of Suntech's sales and service capabilities. To complement our core sales competency, we are building a multi-faceted team across Europe that is in tune with local market conditions and can respond to customer needs promptly. We believe our customers appreciate this commitment and see Suntech as a reliable, long term solar partner."
Mauro Sgherri, Suntech's Director of Sales, Italy, said, "Suntech's involvement in many of the highest profile solar projects in Europe combined with a deep dedication to quality and continuous technology improvement distinguishes Suntech's solar offering in the Italian market. Moreover, Suntech's industry leading scale, broad product portfolio and timely product delivery highlight our market leadership. We have established a top tier customer base of companies that have long term solar plans and have already built an order book in Italy of over 130 megawatts for 2009. We look forward to supporting the growth plans of our Italian customers through the stablesupply of high quality solar modules and responsive customer service."
The Italian market is set to grow rapidly in 2009 due to strong support from the Italian government in the form of solar subsidies that range from EUR0.36/kWh for large ground-mounted PV systems and up to EUR0.49/kWh for building integrated PV systems. The high solar irradiation provides excellent conditions for generating solar energy.
About Suntech
Suntech Power Holdings Co., Ltd. (NYSE: STP) 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 BIPV products under the MSK Solar Design Line(TM). Suntech hassales offices worldwide and is a market share leader in key global solar markets. For more information, please visit http://www.suntech-power.com .
Thursday, July 26, 2007
Taiwan Lightwave Solar Power invested 300 million USD in solar project in Danyang, Jiangsu
Taiwan Lightwave Solar Power signed the contract to invest 300 million USD in the solar project in Danyang, Jiangsu on July 2nd.
Taiwan Lightwave Solar Power is the general distributor of Siemens Solar in Asia and Pacific Region. Taiwan Lightwave Solar Power plans to make Danyang its production base in Asia.
Taiwan Lightwave Solar Power is the general distributor of Siemens Solar in Asia and Pacific Region. Taiwan Lightwave Solar Power plans to make Danyang its production base in Asia.
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