Enfinity to develop China's largest and first PV power station

WAREGEM, BELGIUM & SHANGAI, CHINA: A joint bidding team, initiated by Enfinity, won the first 10 MWp solar concession project

The Dunhuang PV Project involves an investment of 200 million yuan (27 mio euro), with an annual power production of 16.37 million kWh, and a franchised operation term of 25 years.

In late March 2009, the Chinese National Development and Reform Commission (NDRC) planned an open tender to confirm the on-grid electricity price and technical solutions. A total of 13 enterprises including major domestic power giants got the upper hand in the bidding, with tender prices ranging from 0.69 yuan/kWh (0.071 euro/kWh) to 1.9 yuan/kWh (0.196 euro/kWh).

The joint bidding team, which is initiated by Enfinity, has won the project with the price of 1.09 yuan/kWh. CGNPC and LDK Solar are the partners on the bid.

"The project is expected to start construction within 4 months and has to be completed within the 18 following months", commented Gino Van Neer, founder of Enfinity. All PV systems will be PV tracker panels, installed on land. Enfinity is in the process of setting up the Dunhuang joint venture company and confirming the EPC contract. In the near future Enfinity will develop a total of 500 MWp of PV installations in the Dunhuang region.

"Winning this bid is an important milestone for Enfinity's international expansion strategy and it will act as an entrance ticket towards the high potential Asian market," added Gino Van Neer.

NDRC of China also intent to set up a bench mark FIT (Feed in tariff) at 1.09 yuan/kWh that Enfinity proposed. Enfinity as the only foreign player who participated in the tender has attracted a lot of attention in Asia.

Followed by the success of the Dunhuang project, Enfinity is continuing the development in China. This week, Enfinity had its first self-developed project in Shizuishan (Ningxia province) approved by the provincial level government. The 10MWp project is ready to be submitted to NDRC for the FIT approval.

Trina Solar signs sales agreement with Enfinity

CHANGZHOU, CHINA: Trina Solar Ltd, a leading integrated manufacturer of solar photovoltaic products from the production of ingots, wafers and cells to the assembly of PV modules, has entered into a sales agreement with customer Enfinity NV.

The agreement was signed in conjunction with the recent Intersolar-Munich Conference, held from May 27 to May 29.

Under the terms of this agreement, Trina Solar will supply Enfinity with approximately 15 MW of PV modules, with shipments scheduled in the current second quarter.

"We are very pleased to announce this new sales agreement with Enfinity, to further strengthen the existing well established partnership with Enfinity. This new contract will significantly help to grow new projects in markets such as Germany, Belgium, Italy and other European solar markets," stated Arturo Herrero, Vice-President of Sales & Marketing of Trina Solar. "We look forward to keep expanding our relationship with our loyal partner Enfinity by providing high quality modules, premium service and low cost industry leading platform."

"Enfinity is proud of this new sales agreement with Trina Solar. We consider this as a continuation of our good relationship with Trina Solar that supplies Enfinity and its customer base with the best in class solar technology," commented Gino Van Neer, Founder of Enfinity.