NEW DELHI, INDIA: Dr. Farooq Abdullah, Union Minister for New and Renewable Energy in a statement in the Parliament on 23rd November, 2009 said that “the Government has approved a new policy on development of solar energy in the country by launching of the Jawaharlal Nehru National Solar Mission.
Interested folks can download the report from MNRE's website -- http://www.mnes.nic.in/
This is a historic and transformational initiative of the UPA Government and I am proud to have the privilege of being assigned the task of overseeing its implementation. The Solar Mission is very much in line with the vision of modern India of Pandit Nehru, which has made India today, a leading nuclear and space power.
This Mission is one of the eight key National Missions which comprise India’s National Action Plan on Climate Change. It has a twin objective – to contribute to India’s long term energy security as well as its ecological security. We are living in a world of rapidly depleting fossil fuel resources and access to conventional energy resources such as oil, gas and coal is becoming increasingly constrained. The rapid development and deployment of renewable energy is imperative in this context and in view of high solar radiation over the country solar energy provides a long term sustainable solution.
The Solar Mission recommends the implementation in 3 stages leading up to an installed capacity of 20,000 MW by the end of the 13th Five Year Plan in 2022. It is envisaged that as a result of rapid scale up as well as technological developments, the price of solar power will attain parity with grid power at the end of the Mission, enabling accelerated and large-scale expansion thereafter. During this time we expect many new ideas to emerge and technologies to become more efficient. Quite obviously, in order to set the stage for achieving this ambitious target, what we do in the next 3 to 4 years will be critical. Therefore, the Cabinet has approved setting up of 1,100 MW of grid solar power and 200 MW capacity of off-grid solar applications utilizing both solar thermal and photovoltaic technologies in the first phase of the Mission. In addition, Mission will also focus on R&D and HRD to develop and strengthen Indian skills and enhance indigenous content to make the Mission sustainable.
Mission will establish a single window investor-friendly mechanism, which reduces risk and at the same time, provides an attractive, predictable and sufficiently extended tariff for the purchase of solar power for the grid. The focal point, for the next 3 years, will be the NTPC Vidyut Vyapar Nigam (NVVN), which is the power trading arm of the NTPC. Government will designate it for the purchase of solar power generated by independent solar power producers, at rates fixed by the Central Regulatory Electricity Commission and for a period specified by the latter. Government will provide equivalent MW of power from the unallocated quota of NTPC for bundling with solar power. The utilities will be able to account for purchase of solar power against their RPO obligations.
I wish to record my deep appreciation and grateful thanks to my senior colleague, Shinde Saheb, who as Minister of Power, has made this arrangement possible and has supported this Mission at every stage of its evolution.
The Mission also includes a major initiative for promoting rooftop solar PV applications. Solar tariff announced by the regulators will be applicable for such installations. The power distribution companies will be involved in purchase of this power.
There are several off-grid solar applications which are already commercially viable or near viability, where rapid scale up is possible. This requires regulatory and incentive measures as well as an awareness campaign. Solar thermal heating applications, such as water heaters, fall in this category. Solar lighting systems for rural and remote areas are already being distributed commercially in several parts of the country. This is expected to help our rural masses.
The Mission will have a very focused R&D programme which seeks to address the India-specific challenges in promoting solar energy. We have to pool available resources both human and financial to strengthen the existing scientific infrastructure in the country. We would involve various stakeholders in human resource development and other capacity building efforts. Mission will also accelerate the process of development of domestic industry in this sector.
I seek cooperation of members of the House to make Jawaharlal Nehru National Solar Mission a success, which will help establish India as one of the global leaders in Solar Energy.
It may be noted that the Ministry of New and Renewable Energy has already taken several initiatives on different aspects of the Mission. Ministry has recently cleared proposals to set up 29 MW capacity megawatt size grid connected solar power projects under the ongoing demonstration schemes. Recently, 3 MW capacity grid solar power plants have been set up in West Bengal and Karnataka. Ministry has also sanctioned several projects to set up about 525 kWp capacity solar PV projects to save diesel. Ministry is also implementing several other projects on promoting solar thermal energy applications in the country.
The Ministry has been interacting with R&D groups, industry and experts to identify the thrust areas of research. As a result several R&D projects in solar energy with an outlay of Rs 54 crores are under progress. More projects will be finalized soon. Ministry plans to set up several Centers of Excellence in research in Solar Energy technologies and strengthening of the Solar Energy Center under the Ministry.
Tuesday, November 24, 2009
Sun Catalytix receives seed financing from Polaris Venture Partners
CAMBRIDGE, USA: Sun Catalytix Corp., a distributed energy storage company, today announced it has received a third seed tranche from Polaris Venture Partners.
The company has also exclusively licensed a portfolio of water-splitting catalysis patents from the Massachusetts Institute of Technology (MIT). The licensed patents, developed in the MIT laboratories of Professor and Sun Catalytix Co-Founder Daniel G. Nocera, are central to Sun Catalytix energy storage breakthroughs.
Sun Catalytix technology readily and inexpensively stores renewable energy in the form of chemical bonds to enable distributed, round-the-clock use of solar- and wind-derived energy.
"Polaris has a long history of working successfully with entrepreneurial professors at MIT and other research universities around the world, and the addition of Sun Catalytix is an excellent fit with our growing portfolio of energy technology companies," said Bob Metcalfe, Sun Catalytix director as well as Ethernet inventor, 3Com founder and a general partner at Polaris leading the firm's energy investments.
"This investment supports the development of technology that will make affordable, renewable energy a reality," said Amir Nashat, general partner at Polaris and Sun Catalytix founding CEO. "The company has been briskly meeting its seed milestones, and we're now recruiting key members of the start-up team, including our next CEO."
In addition to Nocera, Metcalfe and Nashat, the Sun Catalytix team includes Co-Founder and Chairman Arthur L. Goldstein, former CEO of Ionix.
Sun Catalytix is developing inexpensive, safe, non-toxic, efficient catalyst technologies for storing solar energy to make it available when the sun is not shining.
The catalysts mimic photosynthesis by using energy, captured from a photovoltaic cell or other source, to split water (H2O) into Hydrogen (H2) and Oxygen (O2). The company's electrolyzers are different from conventional technology in that they can use a broad range of water sources - including unpurified fresh or salt water - in benign conditions and at transformatively low costs.
According to Nocera, "Sun Catalytix opportunities are in proliferating high-volume, low-cost electrolyzers in a decentralized fashion, rather than in improving today's expensive, large-scale electrolyzers."
The company has also exclusively licensed a portfolio of water-splitting catalysis patents from the Massachusetts Institute of Technology (MIT). The licensed patents, developed in the MIT laboratories of Professor and Sun Catalytix Co-Founder Daniel G. Nocera, are central to Sun Catalytix energy storage breakthroughs.
Sun Catalytix technology readily and inexpensively stores renewable energy in the form of chemical bonds to enable distributed, round-the-clock use of solar- and wind-derived energy.
"Polaris has a long history of working successfully with entrepreneurial professors at MIT and other research universities around the world, and the addition of Sun Catalytix is an excellent fit with our growing portfolio of energy technology companies," said Bob Metcalfe, Sun Catalytix director as well as Ethernet inventor, 3Com founder and a general partner at Polaris leading the firm's energy investments.
"This investment supports the development of technology that will make affordable, renewable energy a reality," said Amir Nashat, general partner at Polaris and Sun Catalytix founding CEO. "The company has been briskly meeting its seed milestones, and we're now recruiting key members of the start-up team, including our next CEO."
In addition to Nocera, Metcalfe and Nashat, the Sun Catalytix team includes Co-Founder and Chairman Arthur L. Goldstein, former CEO of Ionix.
Sun Catalytix is developing inexpensive, safe, non-toxic, efficient catalyst technologies for storing solar energy to make it available when the sun is not shining.
The catalysts mimic photosynthesis by using energy, captured from a photovoltaic cell or other source, to split water (H2O) into Hydrogen (H2) and Oxygen (O2). The company's electrolyzers are different from conventional technology in that they can use a broad range of water sources - including unpurified fresh or salt water - in benign conditions and at transformatively low costs.
According to Nocera, "Sun Catalytix opportunities are in proliferating high-volume, low-cost electrolyzers in a decentralized fashion, rather than in improving today's expensive, large-scale electrolyzers."
ET Solar Group announces RMB400 million syndicate loan
NANJING, CHINA: ET Solar Group Corp., a Nanjing-based photovoltaic system turnkey solution provider and integrated manufacturer of PV products announced obtainment of an RMB400 million credit facility.
The RMB400 million credit facility (approximately US$59 million, or Euro40 million) was arranged by China Everbright Bank and joined by China Merchants Bank. It has a trade finance tranche and a working capital tranche with a one-year tenor that would be renewable subject to satisfactory credit review.
The new facility brings total credit lines currently available to ET Solar by various Chinese banks well over RMB800 million (approximately $120 million, or Euro80 million). It further diversifies ET Solar's banking relationships in China with both large national banks and leading regional banks as its lenders.
Fischer Chen, Chief Financial Officer of ET Solar, commented: "This new loan facility further increases our financial flexibility and puts us in a more comfortable position to maintain our growth momentum and strengthen the bankability of our products and turnkey solution services. We are especially pleased with the strong commitment from China Everbright Bank and China Merchants Bank, which are both leading lenders in the fast growing Chinese economy."
"We are very pleased to have arranged the credit facility for ET Solar as we are very much impressed with its fast growth track record and differentiated business evolution roadmap," Hong Cheng, Deputy General Manager of China Everbright Bank, Nanjing Branch, added.
The RMB400 million credit facility (approximately US$59 million, or Euro40 million) was arranged by China Everbright Bank and joined by China Merchants Bank. It has a trade finance tranche and a working capital tranche with a one-year tenor that would be renewable subject to satisfactory credit review.
The new facility brings total credit lines currently available to ET Solar by various Chinese banks well over RMB800 million (approximately $120 million, or Euro80 million). It further diversifies ET Solar's banking relationships in China with both large national banks and leading regional banks as its lenders.
Fischer Chen, Chief Financial Officer of ET Solar, commented: "This new loan facility further increases our financial flexibility and puts us in a more comfortable position to maintain our growth momentum and strengthen the bankability of our products and turnkey solution services. We are especially pleased with the strong commitment from China Everbright Bank and China Merchants Bank, which are both leading lenders in the fast growing Chinese economy."
"We are very pleased to have arranged the credit facility for ET Solar as we are very much impressed with its fast growth track record and differentiated business evolution roadmap," Hong Cheng, Deputy General Manager of China Everbright Bank, Nanjing Branch, added.
Akeena Solar and Highland Solar to distribute 1.75 MW of Andalay AC solar panels in Canada
LOS GATOS, USA & TORONTO, CANADA: Akeena Solar Inc., a national designer, installer and distributor of solar power systems, announced a distribution partnership with Ontario-based Highland Solar to sell the company's award-winning Andalay AC solar panel system throughout Canada.
According to terms of the agreement, Highland Solar will sell at least 1.75 megawatts of Andalay AC solar panels in Canada through 2010 through its network of local installation partners.
"Canada is shaping up to be a large market for rooftop solar with their generous new renewable energy programs in Ontario and other provinces," said Barry Cinnamon, Akeena Solar CEO. "With our distribution agreement with Highland Solar, Andalay AC solar panels will now be available to Canadian homeowners eager to lower their electricity bills with safe, reliable solar panels that look like skylights."
Andalay AC panels have built-in racking, wiring, grounding and inverters, reducing the overall parts count by 80 percent. Andalay's award-winning technology safeguards against performance-threatening breakdowns and delivers optimum performance with 5 to 25 percent more energy output compared to ordinary DC solar panels.
Since Andalay AC solar panels produce household AC power, they eliminate complicated and dangerous DC wiring and provide a safer and easier installation process to solar installers, trades workers and do-it-yourselfers.
The Andalay system is one of the first solar power systems to meet Ontario's provincial content requirements, which require 40 percent of the content of solar systems to be sourced from Ontario. Ontario's Feed-in-Tariff (FIT) provides generators of renewable energy a 20-year contract at a guaranteed price. Under the micro-FIT program, which includes solar systems of 10 kilowatts or less, homeowners are paid 80.2 cents for each kWh produced.
"Andalay AC is the perfect solar panel for Canadian homeowners," said Highland Solar President Sean McCrae. "Not only is Andalay AC manufactured with parts sourced in Ontario, it also installs quickly and safely, has superior looks and reliably delivers clean solar power throughout its lifetime."
Highland has manufactured its own brand of solar products since 2005, but the signing of this manufacturing license agreement with Akeena Solar is Highland's first opportunity to manufacture products and create jobs within its home province. To help address the anticipated demand for the Andalay system, the company has leased a training facility and plans to provide hands on solar installation training to contracting companies.
The announcement marks the largest distribution partnership Akeena Solar has signed to date and the company's first distribution arrangement outside of the United States. Since launching its direct-to-installers sales channels for Andalay systems six months ago, Akeena has expanded its distribution network to include 42 installers in 19 states. This partnership follows a recent award naming Andalay AC solar panels as a "2009 Breakthrough Product of the Year" by Popular Mechanics.
According to terms of the agreement, Highland Solar will sell at least 1.75 megawatts of Andalay AC solar panels in Canada through 2010 through its network of local installation partners.
"Canada is shaping up to be a large market for rooftop solar with their generous new renewable energy programs in Ontario and other provinces," said Barry Cinnamon, Akeena Solar CEO. "With our distribution agreement with Highland Solar, Andalay AC solar panels will now be available to Canadian homeowners eager to lower their electricity bills with safe, reliable solar panels that look like skylights."
Andalay AC panels have built-in racking, wiring, grounding and inverters, reducing the overall parts count by 80 percent. Andalay's award-winning technology safeguards against performance-threatening breakdowns and delivers optimum performance with 5 to 25 percent more energy output compared to ordinary DC solar panels.
Since Andalay AC solar panels produce household AC power, they eliminate complicated and dangerous DC wiring and provide a safer and easier installation process to solar installers, trades workers and do-it-yourselfers.
The Andalay system is one of the first solar power systems to meet Ontario's provincial content requirements, which require 40 percent of the content of solar systems to be sourced from Ontario. Ontario's Feed-in-Tariff (FIT) provides generators of renewable energy a 20-year contract at a guaranteed price. Under the micro-FIT program, which includes solar systems of 10 kilowatts or less, homeowners are paid 80.2 cents for each kWh produced.
"Andalay AC is the perfect solar panel for Canadian homeowners," said Highland Solar President Sean McCrae. "Not only is Andalay AC manufactured with parts sourced in Ontario, it also installs quickly and safely, has superior looks and reliably delivers clean solar power throughout its lifetime."
Highland has manufactured its own brand of solar products since 2005, but the signing of this manufacturing license agreement with Akeena Solar is Highland's first opportunity to manufacture products and create jobs within its home province. To help address the anticipated demand for the Andalay system, the company has leased a training facility and plans to provide hands on solar installation training to contracting companies.
The announcement marks the largest distribution partnership Akeena Solar has signed to date and the company's first distribution arrangement outside of the United States. Since launching its direct-to-installers sales channels for Andalay systems six months ago, Akeena has expanded its distribution network to include 42 installers in 19 states. This partnership follows a recent award naming Andalay AC solar panels as a "2009 Breakthrough Product of the Year" by Popular Mechanics.
NRG Energy acquires largest PV solar power plant in California
PRINCETON, USA: NRG Energy Inc., through its wholly owned subsidiary NRG Solar LLC, has acquired the first and largest utility-scale photovoltaic (PV) solar project in California.
The 21 megawatt (MW) Blythe Solar Project will be NRG’s first solar generation facility in operation when it comes online later this year. The site was acquired from First Solar, Inc., a leader in advanced and efficient thin film solar technology focused on manufacturing solar panels and developing solar projects for utilities and generators to operate.
Located in Riverside County in southeastern California, approximately 200 miles east of Los Angeles, the solar PV field will provide electricity to Southern California Edison (SCE) under a 20-year power purchase agreement. At peak capacity, the site will be able to meet the needs of almost 17,000 homes.
“Successfully transitioning to a low-and no-carbon energy environment means using renewable resources that are located where the demand is,” said David Crane, President and Chief Executive Officer of NRG Energy.
“Partnering with companies like First Solar to add large-scale PV solar to the fleet of solar thermal power plants we are developing with eSolar positions us to lead the industry in the commercial implementation of solar technologies where America can best reap the benefits of this emission-free power.”
“Solar fields generate the greatest amount of clean energy when electricity demand is highest, making this an ideal technology for utilities, municipalities and companies looking to diversify their renewable portfolios and reduce carbon intensity while ensuring that energy needs are met,” said Tom Doyle, President, NRG Solar.
“With this acquisition, NRG joins with SCE to add to and further diversify their portfolio of low- and no-carbon generation while we establish a relationship with First Solar and a platform for future solar development.”
As part of the acquisition of the nearly completed Blythe Solar project, NRG Solar has entered into an engineering, procurement and construction agreement with First Solar for completion and performance testing of the project. Testing is expected to commence later this month, and the project to be completed by year end.
The site uses approximately 350,000 photovoltaic solar modules, each measuring 2 feet by 4 feet, manufactured with First Solar’s advanced thin film semiconductor technology to turn sunlight directly into electricity. It covers approximately 200 acres of held land which is fully permitted and will be connected to SCE’s electrical distribution grid. The project uses no water during normal operation.
NRG Solar is responsible for developing, constructing, financing and operating a multi-technology portfolio of solar power assets in North America. Blythe is part of NRG’s zero-emission solar strategy that also includes plans to construct commercial-scale solar thermal generation at sites in California and New Mexico.
The first of these units is anticipated to begin operating as early as 2011. NRG is also working to develop solar capacity at nationwide sites with strong solar resources and established, easily accessible connections to power grids. NRG’s other low- and no- carbon developments include new nuclear generation, onshore and offshore wind, biomass projects and a commercial-scale carbon capture project for fossil-fueled generation.
The 21 megawatt (MW) Blythe Solar Project will be NRG’s first solar generation facility in operation when it comes online later this year. The site was acquired from First Solar, Inc., a leader in advanced and efficient thin film solar technology focused on manufacturing solar panels and developing solar projects for utilities and generators to operate.
Located in Riverside County in southeastern California, approximately 200 miles east of Los Angeles, the solar PV field will provide electricity to Southern California Edison (SCE) under a 20-year power purchase agreement. At peak capacity, the site will be able to meet the needs of almost 17,000 homes.
“Successfully transitioning to a low-and no-carbon energy environment means using renewable resources that are located where the demand is,” said David Crane, President and Chief Executive Officer of NRG Energy.
“Partnering with companies like First Solar to add large-scale PV solar to the fleet of solar thermal power plants we are developing with eSolar positions us to lead the industry in the commercial implementation of solar technologies where America can best reap the benefits of this emission-free power.”
“Solar fields generate the greatest amount of clean energy when electricity demand is highest, making this an ideal technology for utilities, municipalities and companies looking to diversify their renewable portfolios and reduce carbon intensity while ensuring that energy needs are met,” said Tom Doyle, President, NRG Solar.
“With this acquisition, NRG joins with SCE to add to and further diversify their portfolio of low- and no-carbon generation while we establish a relationship with First Solar and a platform for future solar development.”
As part of the acquisition of the nearly completed Blythe Solar project, NRG Solar has entered into an engineering, procurement and construction agreement with First Solar for completion and performance testing of the project. Testing is expected to commence later this month, and the project to be completed by year end.
The site uses approximately 350,000 photovoltaic solar modules, each measuring 2 feet by 4 feet, manufactured with First Solar’s advanced thin film semiconductor technology to turn sunlight directly into electricity. It covers approximately 200 acres of held land which is fully permitted and will be connected to SCE’s electrical distribution grid. The project uses no water during normal operation.
NRG Solar is responsible for developing, constructing, financing and operating a multi-technology portfolio of solar power assets in North America. Blythe is part of NRG’s zero-emission solar strategy that also includes plans to construct commercial-scale solar thermal generation at sites in California and New Mexico.
The first of these units is anticipated to begin operating as early as 2011. NRG is also working to develop solar capacity at nationwide sites with strong solar resources and established, easily accessible connections to power grids. NRG’s other low- and no- carbon developments include new nuclear generation, onshore and offshore wind, biomass projects and a commercial-scale carbon capture project for fossil-fueled generation.
Analyzing renewable energy in China
DUBLIN, IRELAND: Research and Markets has announced the addition of the "Analyzing Renewable Energy in China" report to its offering.
China's rapid economic growth and heavy reliance on increasingly expensive foreign oil, the vast environmental toll that is one of the most apparent costs of China's economic success, persistent rural poverty in China and periodic power shortages all have impressed upon the Chinese government that renewable energy must be a large part of China's economy if China is to both complete its economic transformation and achieve "energy security". China rapidly has moved along the path of renewable energy development.
In the near-term China plans to develop 120000 MW's of renewable energy by the year 2020; this would account for 12 percent of China's total installed energy producing capacity. China's growth target for renewable energy production will require an investment of approximately 800 billion Yuan ($100 billion) by 2020.
China has set a renewable energy target of 10 percent of electric power capacity by 2010 (expected 60 GW); 5% percent of primary energy by 2010 and 10 percent of primary energy by 2020. In the long term, China has set an objective of having 30 percent or more of its total energy requirements satisfied by renewable sources by 2050.
The emerging renewable energy and sustainable development sectors in China have provided global companies who have products and services to sell to or buy from China's rapidly growing renewable energy and sustainable development sectors and other policy makers, NGOs and interested parties.
There have been co-ordinated efforts by Chinese companies, industry associations, central and local government agencies and non-governmental organizations to develop the renewable energy sector.
A focus on the Renewable Energy Industry in China in its report - Analyzing Renewable Energy in China. The report is a complete analysis of the various sectors of renewable energy in China.
Starting with an analysis of the overall energy industry in China, the report analyzes the following renewable commodities: small hydro power, large and medium hydropower, biomass, solar, and wind energy. China's environment for the development of renewable energy is also discussed in details in the report. Regulatory frameworks, government incentives, government programs promoting the use of renewable energy, etc., are all described in the report.
China's rapid economic growth and heavy reliance on increasingly expensive foreign oil, the vast environmental toll that is one of the most apparent costs of China's economic success, persistent rural poverty in China and periodic power shortages all have impressed upon the Chinese government that renewable energy must be a large part of China's economy if China is to both complete its economic transformation and achieve "energy security". China rapidly has moved along the path of renewable energy development.
In the near-term China plans to develop 120000 MW's of renewable energy by the year 2020; this would account for 12 percent of China's total installed energy producing capacity. China's growth target for renewable energy production will require an investment of approximately 800 billion Yuan ($100 billion) by 2020.
China has set a renewable energy target of 10 percent of electric power capacity by 2010 (expected 60 GW); 5% percent of primary energy by 2010 and 10 percent of primary energy by 2020. In the long term, China has set an objective of having 30 percent or more of its total energy requirements satisfied by renewable sources by 2050.
The emerging renewable energy and sustainable development sectors in China have provided global companies who have products and services to sell to or buy from China's rapidly growing renewable energy and sustainable development sectors and other policy makers, NGOs and interested parties.
There have been co-ordinated efforts by Chinese companies, industry associations, central and local government agencies and non-governmental organizations to develop the renewable energy sector.
A focus on the Renewable Energy Industry in China in its report - Analyzing Renewable Energy in China. The report is a complete analysis of the various sectors of renewable energy in China.
Starting with an analysis of the overall energy industry in China, the report analyzes the following renewable commodities: small hydro power, large and medium hydropower, biomass, solar, and wind energy. China's environment for the development of renewable energy is also discussed in details in the report. Regulatory frameworks, government incentives, government programs promoting the use of renewable energy, etc., are all described in the report.
Monday, November 23, 2009
Jiawei to supply 3.5MW solar panels to Golden Sun Project
HONG KONG: Jiawei Solarchina Co. Ltd recently announced that their quality modules have been chosen for China’s Golden Sun Project. The Chinese solar modules manufacturer would be supplying 3.5MW for two electrification projects in Wuhan.
This includes: Pak Chuen farm 2.5MW grid-connected photovoltaic power generation project and Sinosteel Tiancheng Environmental Protection Science and Technology Co. Ltd, science park 1MW grid connected photovoltaic power generation project.
The Pak Chuen grid connected project aims to modernize the 2.8 million square feet of farm and provide high-efficient and stable electricity for the farmers and residence nearby. The 2.5MW solar power plant is going to be built near the residence consisting of 200 hectare of empty space. The total investment is around 71 million RMB and will begin at Jan 2010 and will be finished at the end of 2010 and provide the local citizens with electricity once the plant is built.
The other project that Jiawei will be participating would be Sinosteel Tiancheng Environmental Protection Science and Technology Co., Ltd, science park grid connected PV power generation project.
The aim of the project is to install 1MW of panels on the roof tops of the factories and office buildings for power generation for the whole park. The total investment is 29.8 million RMB and the project is forecast to end of May next year.
This includes: Pak Chuen farm 2.5MW grid-connected photovoltaic power generation project and Sinosteel Tiancheng Environmental Protection Science and Technology Co. Ltd, science park 1MW grid connected photovoltaic power generation project.
The Pak Chuen grid connected project aims to modernize the 2.8 million square feet of farm and provide high-efficient and stable electricity for the farmers and residence nearby. The 2.5MW solar power plant is going to be built near the residence consisting of 200 hectare of empty space. The total investment is around 71 million RMB and will begin at Jan 2010 and will be finished at the end of 2010 and provide the local citizens with electricity once the plant is built.
The other project that Jiawei will be participating would be Sinosteel Tiancheng Environmental Protection Science and Technology Co., Ltd, science park grid connected PV power generation project.
The aim of the project is to install 1MW of panels on the roof tops of the factories and office buildings for power generation for the whole park. The total investment is 29.8 million RMB and the project is forecast to end of May next year.
Solargiga awarded tender for 13.5MW Golden Sun pilot project
HONG KONG: China’s leading monocrystalline silicon solar ingots and wafers manufacturer, Solargiga Energy Holdings Ltd announced that the Group has been granted a tender for 13.5MW photovoltaic power generation pilot project under the “Golden Sun Programme” to be implemented by the Chinese government, following the Group’s success in commencing power generation of its 300kW photovoltaic pilot project in Jinzhou.
In accordance with the “Notice on the Successful Implementation of Photovoltaic Project of Golden Sun, a statement jointly issued by Ministry of Finance, Ministry of Science and Technology and Bureau of Energy, the Chinese government will implement a total of 642MW photovoltaic power generation pilot project under the “Golden Sun Programme” in the next two to three years, of which 16.5MW photovoltaic power generation project will be carried out in Liaoning Province.
According to the Notice, Jinzhou Yangguang Co. Ltd, a wholly-owned subsidiary of Solargiga, has been awarded the tender of 13.5MW photovoltaic power generation project, accounting for over 80 percent of the total generating capacity of the project to be implemented in Liaoning Province.
The project includes large-scale on-grid photovoltaic power generation, user-side on-grid photovoltaic power generation and user-side roof-mounted photovoltaic power generation with power generating capacity of 10MW, 3MW and 500kW respectively.
You Yuan Hsu, CEO and Executive Director of Solargiga, said: "The Golden Sun Programme is strongly supported by Ministry of Finance, Ministry of Science and Technology and Bureau of Energy, hence it has set high requirement on the technology and product quality fronts.
"The success of Solargiga in getting over 80 percent of the total power generating capacity of the project to be implemented in Liaoning Province marks the recognition of our advanced technological know-how, representing a significant milestone of the Group in diversifying its business to downstream supply chain.
"With its continuous efforts in developing the downstream business, the Group strives to maintain a sustainable growth and to capture market opportunities with a view to generating the best returns to our shareholders.”
In accordance with the “Notice on the Successful Implementation of Photovoltaic Project of Golden Sun, a statement jointly issued by Ministry of Finance, Ministry of Science and Technology and Bureau of Energy, the Chinese government will implement a total of 642MW photovoltaic power generation pilot project under the “Golden Sun Programme” in the next two to three years, of which 16.5MW photovoltaic power generation project will be carried out in Liaoning Province.
According to the Notice, Jinzhou Yangguang Co. Ltd, a wholly-owned subsidiary of Solargiga, has been awarded the tender of 13.5MW photovoltaic power generation project, accounting for over 80 percent of the total generating capacity of the project to be implemented in Liaoning Province.
The project includes large-scale on-grid photovoltaic power generation, user-side on-grid photovoltaic power generation and user-side roof-mounted photovoltaic power generation with power generating capacity of 10MW, 3MW and 500kW respectively.
You Yuan Hsu, CEO and Executive Director of Solargiga, said: "The Golden Sun Programme is strongly supported by Ministry of Finance, Ministry of Science and Technology and Bureau of Energy, hence it has set high requirement on the technology and product quality fronts.
"The success of Solargiga in getting over 80 percent of the total power generating capacity of the project to be implemented in Liaoning Province marks the recognition of our advanced technological know-how, representing a significant milestone of the Group in diversifying its business to downstream supply chain.
"With its continuous efforts in developing the downstream business, the Group strives to maintain a sustainable growth and to capture market opportunities with a view to generating the best returns to our shareholders.”
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