2008 October 15th
Guodian Power signed agreement with Tongjiang government to develop wind power project, the project capacity is 400MW.
Guodian Power has many other wind power projects like Chifeng, Xingcheng, Linghai, Bayanzhuoer and Jiamusi wind power project.
Saturday, October 25, 2008
Friday, October 24, 2008
China Sunergy inks multiyear silicon ingot deal with Hitachi High-Tech
23 October 2008
Solar-cell manufacturer China Sunergy has signed a multiyear deal with Hitachi High-Technologies for the supply of single-crystal 200-mm silicon ingots. HHT will provide a total volume of 1472 tons of material, the companies said, which will support the production of approximately 210 MW of solar cells during the duration of the contract.
HHT began shipping ingots to China Sunergy in September 2008 and will continue shipments through the end of 2011. While the pricing has been fixed for the 2008 shipments, China Sunergy and HHT said they will negotiate the ongoing price of silicon ingot every three months beginning in 2009, within a predetermined pricing range.
"This long-term partnership with a respected supplier such as HHT allows us to reduce our reliance on obtaining silicon material supplies from the volatile spot market," said Allen Wang, CEO of China Sunergy. "In addition to the high-quality silicon ingot improving our yields and output, I believe there are cost savings to be recognized from this deal, which will contribute to the long-term goal of strengthening our gross margin. We will continue to seek additional agreements with partners like HHT, as they will benefit China Sunergy by providing a reliable source of silicon through a flexible, favorable cost structure."
Nanjing-based China Sunergy announced last month that it will supply 10 MW of monocrystalline cells annually to Wuxi Guofei between 2009 and 2015. The cell manufacturer also signed a multiyear, $400 million wafer supply agreement with REC in June, which will provide the Chinese cell-maker with the Norwegian firm's monocrystalline 156-mm substrates until 2015.
-- Tom Cheyney
Solar-cell manufacturer China Sunergy has signed a multiyear deal with Hitachi High-Technologies for the supply of single-crystal 200-mm silicon ingots. HHT will provide a total volume of 1472 tons of material, the companies said, which will support the production of approximately 210 MW of solar cells during the duration of the contract.
HHT began shipping ingots to China Sunergy in September 2008 and will continue shipments through the end of 2011. While the pricing has been fixed for the 2008 shipments, China Sunergy and HHT said they will negotiate the ongoing price of silicon ingot every three months beginning in 2009, within a predetermined pricing range.
"This long-term partnership with a respected supplier such as HHT allows us to reduce our reliance on obtaining silicon material supplies from the volatile spot market," said Allen Wang, CEO of China Sunergy. "In addition to the high-quality silicon ingot improving our yields and output, I believe there are cost savings to be recognized from this deal, which will contribute to the long-term goal of strengthening our gross margin. We will continue to seek additional agreements with partners like HHT, as they will benefit China Sunergy by providing a reliable source of silicon through a flexible, favorable cost structure."
Nanjing-based China Sunergy announced last month that it will supply 10 MW of monocrystalline cells annually to Wuxi Guofei between 2009 and 2015. The cell manufacturer also signed a multiyear, $400 million wafer supply agreement with REC in June, which will provide the Chinese cell-maker with the Norwegian firm's monocrystalline 156-mm substrates until 2015.
-- Tom Cheyney
Thursday, October 23, 2008
The first polysilicon project in Jiangxi province began mass production
2008 October 23rd, the 500 metric ton polysilicon project of Jiangxi Tongneng Silicon Material Company starts mass production, this is the first in production polysilicon project in Jiangxi province.
And Jiangxi Tongneng Silicon Material has phase two, phase three and phase four projects, and each is 3,000 metric tons, then the total polysilicon production capacity will be 9,500 metric tons.
And Jiangxi Tongneng Silicon Material has phase two, phase three and phase four projects, and each is 3,000 metric tons, then the total polysilicon production capacity will be 9,500 metric tons.
Guodian Technology & Environment Group founded Guodian Ningxia Solar Energy to produce solar products
2008 October 13th, Guodian Ningxia Solar Energy Company was founded by Guodian Technology & Environment Group to produce solar products.
Guodian Ningxia Solar Energy Company will start from polysilicon production, then expand to silicon solar cell and thin film solar cell production. The planned polysilicon project capacity is 10,000 metric tons per year, and the first phase project is 2,500 metric tons of electronic grade polysilicon.
Early this year Guodian Technology & Environment Group once signed an agreement with Daqo Group to build polysilicon production project together, and the announced capacity was 6,000 metric tons.
Guodian Ningxia Solar Energy Company will start from polysilicon production, then expand to silicon solar cell and thin film solar cell production. The planned polysilicon project capacity is 10,000 metric tons per year, and the first phase project is 2,500 metric tons of electronic grade polysilicon.
Early this year Guodian Technology & Environment Group once signed an agreement with Daqo Group to build polysilicon production project together, and the announced capacity was 6,000 metric tons.
China Pulls in Green Energy Investment
Source: http://www.greentechmedia.com
Green Energy Technology and the Nordic Environment Finance Corp. through its Carbon Fund are boosting investments in China, pointing to the country's growing role as maker and user of renewable energy technologies.
by: Jeff St. John
October 22, 2008
In the midst of a worldwide financial crisis, China's growing demand for energy continues to be an attractive draw for investors.
Several greentech companies this week have announced plans to put money into satisfying fast-growing appetite for renewable energy.
On the solar front, Taiwan's Green Energy Technology said Wednesday that it is investing $5.05 million for a 40-percent stake in a joint venture aimed at supplying solar cells to Chinese manufacturers.
The subsidiary of the Tatung Group said the joint venture hoped to be up and running by mid-2009 and to have an annual production capacity of 60 megawatts.
Also on Wednesday, the Nordic Environment Finance Corp. said that its Carbon Fund has signed up to buy carbon-emission reductions from two Chinese renewable power projects –a 201-megawatt wind project being developed by Yangtze New Energy Development Co. in Jiangsu province, and a small hydroelectric power project in southwest China.
The deals were announced a day after Google pledged to give $250,000 to the U.S. National Academies to find ways to link the United States and China - the world's two largest energy consumers and greenhouse gas emitters - in developing renewable energy policies and technologies (see Google Plays U.S.-China Matchmaker).
All of it points to a continuation of China's boom in renewable energy, itself both a part of - and a reaction to - China's fast-paced economic growth over the past decade, said Ron Pernick, co-founder and principal of research and publishing firm Clean Edge.
"China has not been sitting idle" in either the manufacturing or the deploying of renewable energy technologies, Pernick said. China already leads the world in making solar-water heaters, and its list of solar-photovoltaic manufacturers has grown to include heavy hitters such as Suntech Power Holdings (NYSE: STP), China Sunergy (NSDQ: CSUN) and Yingli Green Energy Holding Co. (NYSE: YGE), he said.
China stands third, behind Japan and Germany, in terms of its share of photovoltaic-manufacturing capacity, according to a Worldwatch Institute report released in November (see Could China Steal the Solar Throne?)
The report estimated that China was set to invest $10 billion in renewable energy last year, second only to Germany. That's out of about $150 billion invested in green energy worldwide last year, Pernick said.
The U.S. Department of Commerce set China's investment in renewable energy last year at an even higher $12 billion, and projects that the country will invest $175 billion in protecting the environment in the next five years as it strives to meet its renewable goals, according to CNBC.
That growth is linked not only to China's role as an offshore home for foreign manufacturers, but also to its pressing need for new renewable energy sources, the Worldwatch Institute said.
China hopes to boost its green-electricity generation from 17 percent of its overall generation capacity today to 21 percent by 2020. The Worldwatch Institute said China could well exceed those goals, pushing its renewable power capacity to as much as 400 gigawatts by 2020, up from 135 gigawatts in 2006.
So far, solar photovoltaic power projects within China remain "in their infancy" compared to Japan, Germany and the United States, and China's hopes for a large-scale domestic market for grid-integrated photovoltaic projects remains a few years out, according to the report.
That's not as much the case with wind power, which the report called China's fastest-growing renewable-energy source. China will need to invest $21 billion to $28 billion if the country is to meet its goal of 30 gigawatts of production by 2020, up from to 1.2 gigawatts in 2005, the Commerce Department reported.
China now has more than 50 domestic wind turbine manufacturers, the Worldwatch Institute said.
"They're also becoming a dominant wind player in terms of deployment," Pernick said of China. "The question is, what might happen in terms of manufacturing."
Despite the ongoing global financial crisis, Pernick sees permanence in China's current renewable energy push, given its people's increasing concern about environmental problems within the country's borders and global concerns about the country's role in curbing greenhouse gas emissions.
In an August report, the Worldwatch Institute said that China accounted for 57 percent of the world's growth of carbon emissions from burning fossil fuels from 2000 to 2007.
The link between China's renewable-energy push and its environment was brought to the world's attention this summer, when the Chinese government took drastic steps to clean up Beijing's notoriously polluted air for the 2008 Olympic Games (see Will the Olympics Make China Green?).
"The great thing about China is, if a mandate comes down from the national level, it can quickly be deployed," Pernick said.
Even in the midst of the ongoing global financial crisis, China remains an attractive market for green technologies, according to a survey of venture capitalists and technology company executives released Wednesday by the law firm DLA Piper.
Nearly nine of ten survey respondents said China's consumer market will be an "exploitable opportunity" for green technology companies, DLA Piper reported.
Still, Pernick doesn't see China becoming the "mother of all markets" when it comes to the growing market for renewable energy sources.
"This is a global phenomenon," he said. China is "just going to be one node in the network."
Green Energy Technology and the Nordic Environment Finance Corp. through its Carbon Fund are boosting investments in China, pointing to the country's growing role as maker and user of renewable energy technologies.
by: Jeff St. John
October 22, 2008
In the midst of a worldwide financial crisis, China's growing demand for energy continues to be an attractive draw for investors.
Several greentech companies this week have announced plans to put money into satisfying fast-growing appetite for renewable energy.
On the solar front, Taiwan's Green Energy Technology said Wednesday that it is investing $5.05 million for a 40-percent stake in a joint venture aimed at supplying solar cells to Chinese manufacturers.
The subsidiary of the Tatung Group said the joint venture hoped to be up and running by mid-2009 and to have an annual production capacity of 60 megawatts.
Also on Wednesday, the Nordic Environment Finance Corp. said that its Carbon Fund has signed up to buy carbon-emission reductions from two Chinese renewable power projects –a 201-megawatt wind project being developed by Yangtze New Energy Development Co. in Jiangsu province, and a small hydroelectric power project in southwest China.
The deals were announced a day after Google pledged to give $250,000 to the U.S. National Academies to find ways to link the United States and China - the world's two largest energy consumers and greenhouse gas emitters - in developing renewable energy policies and technologies (see Google Plays U.S.-China Matchmaker).
All of it points to a continuation of China's boom in renewable energy, itself both a part of - and a reaction to - China's fast-paced economic growth over the past decade, said Ron Pernick, co-founder and principal of research and publishing firm Clean Edge.
"China has not been sitting idle" in either the manufacturing or the deploying of renewable energy technologies, Pernick said. China already leads the world in making solar-water heaters, and its list of solar-photovoltaic manufacturers has grown to include heavy hitters such as Suntech Power Holdings (NYSE: STP), China Sunergy (NSDQ: CSUN) and Yingli Green Energy Holding Co. (NYSE: YGE), he said.
China stands third, behind Japan and Germany, in terms of its share of photovoltaic-manufacturing capacity, according to a Worldwatch Institute report released in November (see Could China Steal the Solar Throne?)
The report estimated that China was set to invest $10 billion in renewable energy last year, second only to Germany. That's out of about $150 billion invested in green energy worldwide last year, Pernick said.
The U.S. Department of Commerce set China's investment in renewable energy last year at an even higher $12 billion, and projects that the country will invest $175 billion in protecting the environment in the next five years as it strives to meet its renewable goals, according to CNBC.
That growth is linked not only to China's role as an offshore home for foreign manufacturers, but also to its pressing need for new renewable energy sources, the Worldwatch Institute said.
China hopes to boost its green-electricity generation from 17 percent of its overall generation capacity today to 21 percent by 2020. The Worldwatch Institute said China could well exceed those goals, pushing its renewable power capacity to as much as 400 gigawatts by 2020, up from 135 gigawatts in 2006.
So far, solar photovoltaic power projects within China remain "in their infancy" compared to Japan, Germany and the United States, and China's hopes for a large-scale domestic market for grid-integrated photovoltaic projects remains a few years out, according to the report.
That's not as much the case with wind power, which the report called China's fastest-growing renewable-energy source. China will need to invest $21 billion to $28 billion if the country is to meet its goal of 30 gigawatts of production by 2020, up from to 1.2 gigawatts in 2005, the Commerce Department reported.
China now has more than 50 domestic wind turbine manufacturers, the Worldwatch Institute said.
"They're also becoming a dominant wind player in terms of deployment," Pernick said of China. "The question is, what might happen in terms of manufacturing."
Despite the ongoing global financial crisis, Pernick sees permanence in China's current renewable energy push, given its people's increasing concern about environmental problems within the country's borders and global concerns about the country's role in curbing greenhouse gas emissions.
In an August report, the Worldwatch Institute said that China accounted for 57 percent of the world's growth of carbon emissions from burning fossil fuels from 2000 to 2007.
The link between China's renewable-energy push and its environment was brought to the world's attention this summer, when the Chinese government took drastic steps to clean up Beijing's notoriously polluted air for the 2008 Olympic Games (see Will the Olympics Make China Green?).
"The great thing about China is, if a mandate comes down from the national level, it can quickly be deployed," Pernick said.
Even in the midst of the ongoing global financial crisis, China remains an attractive market for green technologies, according to a survey of venture capitalists and technology company executives released Wednesday by the law firm DLA Piper.
Nearly nine of ten survey respondents said China's consumer market will be an "exploitable opportunity" for green technology companies, DLA Piper reported.
Still, Pernick doesn't see China becoming the "mother of all markets" when it comes to the growing market for renewable energy sources.
"This is a global phenomenon," he said. China is "just going to be one node in the network."
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