September 12, 2008: 10:22 AM EST
NEW YORK (Associated Press) - LDK Solar Co. Ltd. said Friday it has signed an 11-year agreement with Q-Cells AG of Germany to process solar-grade silicon into wafers.
LDK, based in Xinyu City, China, said it will process at least 20,000 metric tons of solar grade silicon provided by Q-Cells between 2008 and 2018 with an option to process an additional 21,000 metric tons in the same decade.
The agreement is part of a memorandum of understanding that calls for LDK Solar to supply the German company with up to five gigawatts of multicrystalline solar wafers between 2009 and 2018.
LDK manufactures and sells multicrystaline solar wafers, the main raw materials used to produce solar cells. Q-Cells AG of Bitterfeld-Wolfen is a leading manufacturer of solar cells.
Sunday, September 14, 2008
Thursday, September 11, 2008
Argus thin film solar cell project broke ground in Henan, China
September 10th 2008, Argus (USA) thin film solar cell project broke ground in Zhengzhou, Henan.
The initial investment is 60 million USD, and the first phase project is 30MW, the thin film solar cell will be exported to Europe and America. The total production capacity will be expanded to 150MW within 5 years.
The initial investment is 60 million USD, and the first phase project is 30MW, the thin film solar cell will be exported to Europe and America. The total production capacity will be expanded to 150MW within 5 years.
Saturday, September 6, 2008
LDK Solar enters into 8-Yr contract with Sumitomo to supply multicrystalline solar wafers
9/5/2008 3:31 AM ET
(RTTNews) - Friday, LDK Solar Co. Ltd. said it signed an eight-year contract with Japan- based Sumitomo Corp. to supply multicrystalline solar wafers to a manufacturer of solar cells and modules in Japan.
As per the agreement, LDK Solar will deliver around 750 MW of multicrystalline silicon wafers to Sumitomo over an eight-year period, beginning in 2009 and extending through 2016. Sumitomo will make an advanced payment representing a portion of the contract value to LDK Solar.
(RTTNews) - Friday, LDK Solar Co. Ltd. said it signed an eight-year contract with Japan- based Sumitomo Corp. to supply multicrystalline solar wafers to a manufacturer of solar cells and modules in Japan.
As per the agreement, LDK Solar will deliver around 750 MW of multicrystalline silicon wafers to Sumitomo over an eight-year period, beginning in 2009 and extending through 2016. Sumitomo will make an advanced payment representing a portion of the contract value to LDK Solar.
Yingli Green Energy Announces 16 MW Sales Contract with Fire Energy, S.L. in Spain
BAODING, China, Sep 04, 2008 (BUSINESS WIRE) -- Yingli Green Energy Holding Company Limited ("Yingli Green Energy" or the "Company"), one of the world's leading vertically integrated photovoltaic ("PV") product manufacturers, today announced that it has entered into a sales contract with Fire Energy, S.L. ("Fire Energy"), a Spanish PV system integrator and PV devices distributor.
Under the terms of the contract, Yingli Green Energy is expected to supply a total of 16 MW of PV modules to Fire Energy from January 2009 to December 2009.
"We are pleased to announce the 16 MW sales contract with Fire Energy in Spain which is the second transaction between the two companies," commented Mr. Liansheng Miao, Chairman and Chief Executive Officer of Yingli Green Energy. "We believe that even with the lowered feed-in-tariffs in Spain, which we expect to take effect later this year, the return on investment in the Spanish PV market will remain highly attractive as Spain has one of the highest levels of annual sunshine radiation in Europe. We continue to see strong demand in the Spanish PV market for high quality PV products. We believe that this transaction with Fire Energy is a result of the positive outlook for the Spanish PV market, the favorable assessment of our product quality and the recognition of our brand reputation. We also believe that our accredited track records and the growing awareness of the reliability and efficiency of our PV modules will help us sustain our market position not only in Spain, but also the global community."
About Yingli Green Energy
Yingli Green Energy Holding Company Limited is one of the world's leading vertically integrated PV product manufacturers. Through the Company's principal operating subsidiary in China, Baoding Tianwei Yingli New Energy Resources Co., Ltd., Yingli Green Energy designs, manufactures and sells PV modules and designs, assembles, sells and installs PV systems that are connected to an electricity transmission grid or operate on a stand-alone basis. With 200 MW of total annual production capacity in each of polysilicon ingots and wafers, PV cells and PV modules, Yingli Green Energy is currently one of the largest manufacturers of PV products in the world as measured by annual production capacity. Additionally, Yingli Green Energy is one of a limited number of large-scale PV companies in the world to have adopted a vertically integrated business model. Yingli Green Energy currently plans to expand annual production capacity in each of polysilicon ingots and wafers, PV cells and PV modules to 400 MW by the end of 2008 and to 600 MW by mid-2009. Yingli Green Energy sells PV modules under its own brand name, Yingli Solar, to PV system integrators and distributors located in various markets around the world, including Germany, Spain, Italy, South Korea, France, China and the United States. For more information, please visit www.yinglisolar.com.
Under the terms of the contract, Yingli Green Energy is expected to supply a total of 16 MW of PV modules to Fire Energy from January 2009 to December 2009.
"We are pleased to announce the 16 MW sales contract with Fire Energy in Spain which is the second transaction between the two companies," commented Mr. Liansheng Miao, Chairman and Chief Executive Officer of Yingli Green Energy. "We believe that even with the lowered feed-in-tariffs in Spain, which we expect to take effect later this year, the return on investment in the Spanish PV market will remain highly attractive as Spain has one of the highest levels of annual sunshine radiation in Europe. We continue to see strong demand in the Spanish PV market for high quality PV products. We believe that this transaction with Fire Energy is a result of the positive outlook for the Spanish PV market, the favorable assessment of our product quality and the recognition of our brand reputation. We also believe that our accredited track records and the growing awareness of the reliability and efficiency of our PV modules will help us sustain our market position not only in Spain, but also the global community."
About Yingli Green Energy
Yingli Green Energy Holding Company Limited is one of the world's leading vertically integrated PV product manufacturers. Through the Company's principal operating subsidiary in China, Baoding Tianwei Yingli New Energy Resources Co., Ltd., Yingli Green Energy designs, manufactures and sells PV modules and designs, assembles, sells and installs PV systems that are connected to an electricity transmission grid or operate on a stand-alone basis. With 200 MW of total annual production capacity in each of polysilicon ingots and wafers, PV cells and PV modules, Yingli Green Energy is currently one of the largest manufacturers of PV products in the world as measured by annual production capacity. Additionally, Yingli Green Energy is one of a limited number of large-scale PV companies in the world to have adopted a vertically integrated business model. Yingli Green Energy currently plans to expand annual production capacity in each of polysilicon ingots and wafers, PV cells and PV modules to 400 MW by the end of 2008 and to 600 MW by mid-2009. Yingli Green Energy sells PV modules under its own brand name, Yingli Solar, to PV system integrators and distributors located in various markets around the world, including Germany, Spain, Italy, South Korea, France, China and the United States. For more information, please visit www.yinglisolar.com.
LDK Solar signs $32M contract with GT Solar
Associated Press 09.04.08
NEW YORK - LDK Solar Co. said Thursday it has inked a $32 million contract with GT Solar International Inc. for polysilicon CVD reactors to install in its Xinyu City, China, facility.
The reactors are used to make polysilicon, a highly purified form of silicon used to make semiconductor wafers for microelectronics applications and solar wafers.
"As the demand for solar energy continues to grow, so does our need to increase and accelerate our manufacturing capacity," Xiaofeng Peng, LDK Solar's chairman and chief executive, said in a release. "With GT Solar's reactor and DSS furnace technologies and expertise, we feel confident that we will be able to meet our rising production goals."
NEW YORK - LDK Solar Co. said Thursday it has inked a $32 million contract with GT Solar International Inc. for polysilicon CVD reactors to install in its Xinyu City, China, facility.
The reactors are used to make polysilicon, a highly purified form of silicon used to make semiconductor wafers for microelectronics applications and solar wafers.
"As the demand for solar energy continues to grow, so does our need to increase and accelerate our manufacturing capacity," Xiaofeng Peng, LDK Solar's chairman and chief executive, said in a release. "With GT Solar's reactor and DSS furnace technologies and expertise, we feel confident that we will be able to meet our rising production goals."
Subscribe to:
Posts (Atom)
