Roseville-based Solar Power Inc. says it has signed a contract with JA Solar Holding Co. Ltd. for up to 60 Megawatts of polycrystalline photovoltaic cells.
Solar Power says it needs the cells to meet increased customer demand in Europe, Asia, and for turnkey systems in the United States. The cells will go into SPI's solar modules.
Based in Hebei, China, JA Solar is one of the world's largest producers of high-performance solar cells.
"We are excited about our agreement with JA Solar. Their products are known for quality and performance and we are very fortunate to be able to integrate them into our own," says Steve Kircher, CEO of Solar Power. "This is a true strategic relationship with strong mutual benefit. It will allow us to leverage our vertical integration business model through a significant amount of supply."
He says the contract should put the company and its franchise holders in a strong position to compete on price.
Tuesday, January 6, 2009
Yingli Green Energy Signs 15 MW Sales Contract with GOLDBECK Solar
BAODING, China, Jan. 5 /PRNewswire-Asia-FirstCall/ -- 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 GOLDBECK Solar GmbH ("GOLDBECK Solar"), a leading German PV system specialist company for PV applications on industrial buildings. Under the terms of the contract, Yingli Green Energy is expected to supply a minimum of 15 MW of PV modules to GOLDBECK Solar in 2009. In addition, the contract provides a framework for GOLDBECK Solar to purchase up to an additional 58 MW of PV modules from Yingli Green Energy in 2009.
"We are pleased to have Yingli as one of our key suppliers," said Joachim Goldbeck, General Manager of GOLDBECK Solar. "We aim to provide our customers maximum value with our products and services. Cooperating with top tier suppliers like Yingli is one of our principal strategies for achieving these goals in order to secure customers on a long-term basis."
"We look forward to working closely with GOLDBECK Solar in 2009," commented Mr. Liansheng Miao, Chairman and Chief Executive Officer of Yingli Green Energy. "Given the cost advantage and quality control capability of our vertically integrated business model, we can provide reliable and high quality products at a reasonable and competitive price, in line with our strategy to continually enhance the value that we provide to our customers. We believe this will lead to a broader and deeper penetration of our products and brand awareness worldwide."
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 400 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. Through its wholly owned subsidiary, Yingli Energy (China) Co., Ltd., Yingli Green Energy currently plans to expand annual production capacity of polysilicon ingots and wafers, PV cells and PV modules to 600 MW in the third quarter of 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, Belgium, France, China and the United States. For more information, please visit http://www.yinglisolar.com .
"We are pleased to have Yingli as one of our key suppliers," said Joachim Goldbeck, General Manager of GOLDBECK Solar. "We aim to provide our customers maximum value with our products and services. Cooperating with top tier suppliers like Yingli is one of our principal strategies for achieving these goals in order to secure customers on a long-term basis."
"We look forward to working closely with GOLDBECK Solar in 2009," commented Mr. Liansheng Miao, Chairman and Chief Executive Officer of Yingli Green Energy. "Given the cost advantage and quality control capability of our vertically integrated business model, we can provide reliable and high quality products at a reasonable and competitive price, in line with our strategy to continually enhance the value that we provide to our customers. We believe this will lead to a broader and deeper penetration of our products and brand awareness worldwide."
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 400 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. Through its wholly owned subsidiary, Yingli Energy (China) Co., Ltd., Yingli Green Energy currently plans to expand annual production capacity of polysilicon ingots and wafers, PV cells and PV modules to 600 MW in the third quarter of 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, Belgium, France, China and the United States. For more information, please visit http://www.yinglisolar.com .
Monday, January 5, 2009
Yichang Nanbo (CSG) began to test the polysilicon production line
Yichang Nanbo (CSG) began to test the polysilicon production line in November 2008, and on December 30th 2008 Yichang Nanbo (CSG) successfully released their first furnace polysilicon product.
The polysilicon production capacity for the whole project is 4,500 to 5,000 metric tons, and the first phase project capacity is 1,500 metric tons.
The polysilicon production capacity for the whole project is 4,500 to 5,000 metric tons, and the first phase project capacity is 1,500 metric tons.
Asia Silicon Started to Produce Polysilicon
2008 December 31st Asia Silicon (Qinghai) Company released their first furnace polysilicon.
The total polysilicon production capacity for the project is 6,000 metric tons, and the first phase project capacity is 1,000 metric tons.
The total polysilicon production capacity for the project is 6,000 metric tons, and the first phase project capacity is 1,000 metric tons.
Sunday, January 4, 2009
Shanghai Electric sells stake in Topsolar for RMB 138.6 mln
Jan. 4, 2009 (China Knowledge) - Shanghai Electric Group Co Ltd (SEG), China's largest producer of power equipments, has sold the 36% stake it holds in Shanghai Topsolar Green Energy Co to Yancheng Dongtou New Energy Equipment Co for RMB 138.6 million, according to a SEG's statement filed with the Shanghai Stock Exchange.
The transaction is estimated to bring SEG a net gain of RMB 3.38 million.
The Shanghai-based company will sell the remaining 25.35% in Topsolar soon and expected to gradually exit the field of solar energy business and focus on its core business such as wind power.
SEG's gross profit rate of electrical equipments in the first half of last year rose to 19.5%, while that of its solar energy-related business stood at 7.1%, according to a company source.
The transaction is estimated to bring SEG a net gain of RMB 3.38 million.
The Shanghai-based company will sell the remaining 25.35% in Topsolar soon and expected to gradually exit the field of solar energy business and focus on its core business such as wind power.
SEG's gross profit rate of electrical equipments in the first half of last year rose to 19.5%, while that of its solar energy-related business stood at 7.1%, according to a company source.
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