(Xinhua)Updated: 2007-09-24 14:54
The Chinese Academy of Sciences (CAS) has set out a strategic plan for the development of China's energy industry until 2050.
The plan proposes three steps. The first is to develop energy-saving technology and master techniques in the collection, storage and utilization of carbon dioxide by 2020.
From 2021 to 2030, the focus will be on promoting nuclear energy and other renewable energies so they become main resources and maximizing the efficiency of solar energy.
Over the following 20 years, the academy advocates the reduction of fossil energies (coal, petroleum, natural gas) to less than 60 percent of total energy consumption.
"Drawing up a strategic plan for energy science and technology development is a significant guarantee to build a Chinese energy sustainable development system," said Lu Yongxiang, CAS president."
China should establish a renewable energy system by 2050 with which the amount of energy produced could generally meet the domestic demands of economic development," he added.
Last week, China's Minister of Science and Technology Wan Gang announced plans to establish a batch of international laboratories and research centers to strengthen cooperation in research and energy exploitation between governments and non-governmental organizations around the world.
Monday, September 24, 2007
LDK Solar Signs Wafer Sales and Equipment Purchase Agreements with Sunways AG
September 24, 2007: 03:15 AM EST
XINYU CITY, China and SUNNYVALE, Calif., Sept. 24 /PRNewswire-FirstCall/ -- LDK Solar Co., Ltd. , a leading manufacturer of multicrystalline solar wafers, announced today that it has signed contracts to supply multicrystalline solar wafers and to purchase polysilicon production equipment from Sunways AG.
Under the terms of the wafer supply contract, LDK Solar will deliver approximately 1 GW of multicrystalline solar wafers to Sunways over a ten-year period starting in 2008. Under the terms of the equipment purchase agreement, LDK Solar will purchase two readily available Siemens technology-based reactors and related plant equipment from Sunways. In addition, Sunways AG will provide support services to LDK Solar during the facility construction and the ramp up of polysilicon production.
"The equipment purchase agreement with Sunways AG further bolsters our confidence in LDK Solar's ability to meet the goal of ramping polysilicon production in 2008," commented Xiaofeng Peng, Chairman and CEO. "We are pleased to continue to build our infrastructure by securing readily available polysilicon reactors from Sunways to serve as an additional training resource for our engineers and operators as we ready our facilities for polysilicon production of our previously announced 15,000 ton polysilicon plant. With this new additional project, we expect to raise our polysilicon capacity to 7,000 tons by the end of 2008 and 16,000 tons by the end of 2009"
"Securing solar wafer supplies is an imperative component to the successful growth of our company," stated Roland Burkhardt, CEO of Sunways. "We are excited to enter this agreement with LDK Solar, a leading supplier of high quality solar wafers."
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 Sunways AG
Sunways AG is one of the leading photovoltaics companies in Germany in terms of technology and quality. Its core competence is the development and production of solutions and products for the generation of electricity from solar energy, such as solar cells, inverters, solar modules and systems. The company has been quoted on the stock exchange since 2001, and since 2003 in the Prime Standard. In the fiscal year 2006, the consolidated sales of Sunways AG rose by 67 percent to 152.3 million Euro. Consolidated EBIT amounted to 1.0 million Euro, consolidated net income to approx. 1.7 million Euro.
XINYU CITY, China and SUNNYVALE, Calif., Sept. 24 /PRNewswire-FirstCall/ -- LDK Solar Co., Ltd. , a leading manufacturer of multicrystalline solar wafers, announced today that it has signed contracts to supply multicrystalline solar wafers and to purchase polysilicon production equipment from Sunways AG.
Under the terms of the wafer supply contract, LDK Solar will deliver approximately 1 GW of multicrystalline solar wafers to Sunways over a ten-year period starting in 2008. Under the terms of the equipment purchase agreement, LDK Solar will purchase two readily available Siemens technology-based reactors and related plant equipment from Sunways. In addition, Sunways AG will provide support services to LDK Solar during the facility construction and the ramp up of polysilicon production.
"The equipment purchase agreement with Sunways AG further bolsters our confidence in LDK Solar's ability to meet the goal of ramping polysilicon production in 2008," commented Xiaofeng Peng, Chairman and CEO. "We are pleased to continue to build our infrastructure by securing readily available polysilicon reactors from Sunways to serve as an additional training resource for our engineers and operators as we ready our facilities for polysilicon production of our previously announced 15,000 ton polysilicon plant. With this new additional project, we expect to raise our polysilicon capacity to 7,000 tons by the end of 2008 and 16,000 tons by the end of 2009"
"Securing solar wafer supplies is an imperative component to the successful growth of our company," stated Roland Burkhardt, CEO of Sunways. "We are excited to enter this agreement with LDK Solar, a leading supplier of high quality solar wafers."
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 Sunways AG
Sunways AG is one of the leading photovoltaics companies in Germany in terms of technology and quality. Its core competence is the development and production of solutions and products for the generation of electricity from solar energy, such as solar cells, inverters, solar modules and systems. The company has been quoted on the stock exchange since 2001, and since 2003 in the Prime Standard. In the fiscal year 2006, the consolidated sales of Sunways AG rose by 67 percent to 152.3 million Euro. Consolidated EBIT amounted to 1.0 million Euro, consolidated net income to approx. 1.7 million Euro.
Sunday, September 23, 2007
Baoding is building the first PV mansion in China
This 26-floor PV mansion is one five star hotel, all the surface area will be covered with the solar glass curtain wall.
Its PV power system may offer enough electricity for the illumination of the mansion, and the PV power system will be grid on.
The installed solar glass curtain wall will reach 27128 square meters, and the power generation capacity is 1.5MW.
This is the first BIPV demonstration project in China
Its PV power system may offer enough electricity for the illumination of the mansion, and the PV power system will be grid on.
The installed solar glass curtain wall will reach 27128 square meters, and the power generation capacity is 1.5MW.
This is the first BIPV demonstration project in China
New PV Cell to Work in Conventional Glass
It is said that recently some scientist in Shanghai are trying to insert the new type PV cell into conventional transparent glass. This new type PV cell will adopt some light sensitive organic material, and the cost is just about one third of the current silicon solar cell. And this new type PV cell is invisible to the users.
Solarfun Provides Mid-Quarter Update on Operations
Solarfun Power Holdings Co., LTD. ("Solarfun") (NASDAQ: SOLF), an established manufacturer of both photovoltaic (PV) cells and modules in China, today announced an update on sales developments, supply agreements, production plans, and progress at the Company's Joint Venture company Yangguang Solar.
SALES
Solarfun secured three large multi-year framework commitments for over 185 MW of photovoltaic modules at the 22nd European Photovoltaic Solar Conference and Exhibition in Milan, Italy in early September. Initial shipments are expected to start as early as October 2007. Each of these customers is large and well-known company in Europe and is expected to significantly strengthen Solarfun's customer base and distribution network globally.
The Company also continued to meet its goal of strengthening its sales team with international experience. Christian Dorn, a 14-year veteran of electronics and solar product sales in Europe, joined the Company as Sales Director of Germany.
Mr. Dorn was most recently Managing Director at TOTAL Energie Deutschland GmbH.
SUPPLY
Solarfun signed its first non-domestic long-term agreement with an undisclosed supplier. Deliveries of wafer are expected to begin immediately and extend up to seven years. The contract calls for deliveries of 10 MW in 2008 and increasing to over 30 MW per year during the period of 2009-2013.
Mr. Yonghua Lu, Chairman and CEO of Solarfun, commented, "This agreement is the first step to securing high-quality and reasonably priced polysilicon supply outside of China. Given the ongoing tight supply of polysilicon worldwide, we continue to try to build relationships with and secure other sources of large-scale non-domestic supply of both wafer and polysilicon."
PRODUCTION
Solarfun's expansion plans remain on schedule. Construction of cell lines 7-8 are on schedule and are expected to commence commercial production in October. The Company has also secured equipment and is confident that cell lines 9-12 will begin full-scale production by mid-2008. Year-end manufacturing capacity targets remain on track, with total Cell capacity expected to reach 240 MW by the end of 2007 and 360 MW by the end of 2008.
The Company continues to Add seasoned management with manufacturing experience in recognition of the increasing demands of increasing production scale and maintaining the Company's reputation for high-quality, low-cost production. Solarfun recently hired Mr. Gao Zhoumiao as Vice President, Operations. He joins Solarfun from Advanced Semiconductor Manufacturing Corporation of Shanghai (ASMC), which is a subsidiary of Philips, where he gained 18 years of experience managing their manufacturing operations.
Mr. Lu commented, "We are happy to welcome Mr. Gao to our management team. His experience will strengthen our focus on continuing improvement in manufacturing quality, efficiency and yield."
JOINT VENTURE PROGRESS
Progress at Solarfun's 52%-owned joint venture company, Jiangsu Yangguang Solar Technology Co. Ltd. ("Yangguang Solar"), is on schedule. The Company received its first wafer sample at the end of August and expects supply to accelerate throughout the remainder of 2007 and 2008.
Mr. Lu added, "Yangguang's progress is already quite encouraging, with initial samples meeting our high standards for efficiency. Yangguang Solar appears to be well on its way of meeting our previously announced year-end capacity targets of 20 MW in 2007 and 60-80 MW in 2008. Yangguang Solar remains an important component of our strategy to vertically integrate upstream and secure a dependable, high-quality, low-cost supply of polysilicon wafers."
About Solarfun
Solarfun Power Holdings Co, Ltd. manufactures both PV cells and PV modules, provides PV cell processing services to convert silicon wafers into PV cells, and supplies solar system integration services in China. Solarfun produces both monocrystalline and multicrystalline silicon cells and modules, and manufactures 100% of its modules with in-house produced PV cells. Solarfun sells its products both through third-party distributors, OEM manufacturers and directly to system integrators. Solarfun was founded in 2004 and its products have been certified to TUV and UL safety and quality standards. SOLF-G
http://www.solarfun.com.cn
SALES
Solarfun secured three large multi-year framework commitments for over 185 MW of photovoltaic modules at the 22nd European Photovoltaic Solar Conference and Exhibition in Milan, Italy in early September. Initial shipments are expected to start as early as October 2007. Each of these customers is large and well-known company in Europe and is expected to significantly strengthen Solarfun's customer base and distribution network globally.
The Company also continued to meet its goal of strengthening its sales team with international experience. Christian Dorn, a 14-year veteran of electronics and solar product sales in Europe, joined the Company as Sales Director of Germany.
Mr. Dorn was most recently Managing Director at TOTAL Energie Deutschland GmbH.
SUPPLY
Solarfun signed its first non-domestic long-term agreement with an undisclosed supplier. Deliveries of wafer are expected to begin immediately and extend up to seven years. The contract calls for deliveries of 10 MW in 2008 and increasing to over 30 MW per year during the period of 2009-2013.
Mr. Yonghua Lu, Chairman and CEO of Solarfun, commented, "This agreement is the first step to securing high-quality and reasonably priced polysilicon supply outside of China. Given the ongoing tight supply of polysilicon worldwide, we continue to try to build relationships with and secure other sources of large-scale non-domestic supply of both wafer and polysilicon."
PRODUCTION
Solarfun's expansion plans remain on schedule. Construction of cell lines 7-8 are on schedule and are expected to commence commercial production in October. The Company has also secured equipment and is confident that cell lines 9-12 will begin full-scale production by mid-2008. Year-end manufacturing capacity targets remain on track, with total Cell capacity expected to reach 240 MW by the end of 2007 and 360 MW by the end of 2008.
The Company continues to Add seasoned management with manufacturing experience in recognition of the increasing demands of increasing production scale and maintaining the Company's reputation for high-quality, low-cost production. Solarfun recently hired Mr. Gao Zhoumiao as Vice President, Operations. He joins Solarfun from Advanced Semiconductor Manufacturing Corporation of Shanghai (ASMC), which is a subsidiary of Philips, where he gained 18 years of experience managing their manufacturing operations.
Mr. Lu commented, "We are happy to welcome Mr. Gao to our management team. His experience will strengthen our focus on continuing improvement in manufacturing quality, efficiency and yield."
JOINT VENTURE PROGRESS
Progress at Solarfun's 52%-owned joint venture company, Jiangsu Yangguang Solar Technology Co. Ltd. ("Yangguang Solar"), is on schedule. The Company received its first wafer sample at the end of August and expects supply to accelerate throughout the remainder of 2007 and 2008.
Mr. Lu added, "Yangguang's progress is already quite encouraging, with initial samples meeting our high standards for efficiency. Yangguang Solar appears to be well on its way of meeting our previously announced year-end capacity targets of 20 MW in 2007 and 60-80 MW in 2008. Yangguang Solar remains an important component of our strategy to vertically integrate upstream and secure a dependable, high-quality, low-cost supply of polysilicon wafers."
About Solarfun
Solarfun Power Holdings Co, Ltd. manufactures both PV cells and PV modules, provides PV cell processing services to convert silicon wafers into PV cells, and supplies solar system integration services in China. Solarfun produces both monocrystalline and multicrystalline silicon cells and modules, and manufactures 100% of its modules with in-house produced PV cells. Solarfun sells its products both through third-party distributors, OEM manufacturers and directly to system integrators. Solarfun was founded in 2004 and its products have been certified to TUV and UL safety and quality standards. SOLF-G
http://www.solarfun.com.cn
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