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LDK Solar Signs Wafer Supply Agreement with Solartech Energy Corp.

September 5th, 2008 by kalyan89 in Press Releases, Reports, SC Company Reports

XINYU CITY, China and SUNNYVALE, Calif., Sept 03, 2008
Source: LDK Solar Co. Ltd press release
http://www.ldksolar.com/9-03-08.html

LDK Solar Co., Ltd (”LDK Solar”) (NYSE: LDK), a leading manufacturer of solar wafers, announced today that it has signed a five-year contract to supply multicrystalline solar wafers to Taiwan-based Solartech Energy Corp. (Solartech). Under terms of the agreement, LDK Solar will deliver approximately 550 MW of multicrystalline silicon wafers to Solartech over a five-year period, commencing in 2009 and extending through 2013. Solartech will make an advanced payment representing a portion of the contract value to LDK Solar. (more…)

LDK Solar Signs Polysilicon Reactor Agreement With GT Solar for an Estimated Value of $32 Million

September 5th, 2008 by kalyan89 in PV Industry - Asia, Press Releases, Reports, SC Company Reports

Xinyu City, China and Sunnyvale, CA,  Sept 04, 2008
Source: LDK Solar Co. press release
http://www.ldksolar.com/9-04-08.html

LDK Solar Co., Ltd. (”LDK Solar”) (NYSE: LDK), a leading manufacturer of solar wafers, today announced it has signed a new agreement with GT Solar International, Inc. (Nasdaq: SOLR) (”GT Solar”) to purchase polysilicon CVD reactors for installation in LDK Solar’s manufacturing facilities in Xinyu City, Peoples Republic of China. This equipment is used to make polysilicon. The estimated value of the contract is $32 million. (more…)

LDK Solar Signs Eight-Year Wafer Supply Agreement With Sumitomo Corporation

September 5th, 2008 by kalyan89 in PV Industry - Asia, Press Releases, Reports, SC Company Reports

Xinyu City, China and Sunnyvale, CA, Sept 05, 2008
Source: LDK Solar Co. Ltd press release
http://www.ldksolar.com/Press%20Release.html

LDK Solar Co., Ltd, a leading manufacturer of solar wafers, announced today that it has signed an eight-year contract with Japan- based Sumitomo Corporation (”SC”), one of the leading trading and investment houses in Japan to supply multicrystalline solar wafers to a leading manufacturer of solar cells and modules in Japan. Under terms of the agreement, LDK Solar will deliver approximately 750 MW of multicrystalline silicon wafers to Sumitomo over an eight-year period, commencing in 2009 and extending through 2016. Sumitomo will make an advanced payment representing a portion of the contract value to LDK Solar. (more…)

Sanyo Opens New Solar Module Plant, Sees 4GW in 2020

by Motonobu Kawai, Nikkei Microdevices, August 6, 2008
Source: TechOn
http://techon.nikkeibp.co.jp/english/NEWS_EN/20080806/156124/

Sanyo Electric Co Ltd held an opening ceremony of the “Shiga Plant,” a new production base of solar cell modules, whose annual production capacity is expected to reach 40MW by the end of fiscal 2008. Following the opening of the plant, Sanyo’s annual production capacity of solar cell modules will become 340MW at the end of fiscal 2008, including the capacities of the Tokyo Plant, the Nishikinohama Plant, the Hungary Plant and the Mexico Plant. (more…)

Q-Cells Showcases Solar-grade Si Based Cell

by Motonobu Kawai, Nikkei Microdevices, Sept 3, 2008
Source: TechOn
http://techon.nikkeibp.co.jp/english/NEWS_EN/20080903/157415/

Q-Cells AG of Germany exhibited a cell made of solar-grade silicon, a silicon material used only for solar cells, for the first time at the EU PVSEC (23rd European Photovoltaic Solar Energy Conference and Exhibition). The company aims to put the new solar cell, Q6LEP3, into practical use in 2009 or 2010 with a conversion efficiency of 16%, equivalent to that of the existing cells. (more…)

27% Annual Growth Seen for Global Solar Cell Market

by Yukiko Kanou, Nikkei Electronics, Aug 19, 2008
Source: TechOn /
http://techon.nikkeibp.co.jp/english/NEWS_EN/20080819/156577/

The global solar cell market will grow at an annual rate of 27% on average until 2012 to ¥4.6751 trillion (approx US$42.5 billion), 3.9 times larger than in 2007, according to the survey conducted by Fuji Keizai Co Ltd. The solar cell market was ¥1.2008 trillion (approx US$10.9 billion) in 2007.  Polycrystalline silicon solar cells accounted for nearly 90% of the market in 2007, but the presence of solar cells that use a small amount of silicon or no silicon at all will strengthen, Fuji Keizai said. The focus will be placed on thin-film silicon, CIGS and CdTe (cadmium telluride) thin-film solar cells, in particular, according to the company. (more…)

Japan gets inexpensive, yet innovative solar cells

By Serkan Toto, September 1st, 2008
Source: CrunchGear.com
http://www.crunchgear.com/2008/09/01/japan-gets-inexpensive-yet-innovative-solar-cells/

Japanese companies Gunze and Dai Nippon Printing are each developing new technologies that make it possible to produce low-cost, pigment-sensitized solar cells. Gunze focuses on low-end solar cells that can be used to power smaller electronic appliances or in-store ad displays, for example. Their cells will use a film, which is coated with special pigments, as a power source. Gunze, actually a major underwear maker, says their film is bendable and can therefore be used fexibly. The company is thinking about offering  baseball caps with built-in solar cells to power portable audio players, for example. (more…)

Mitsubishi signs solar project deal in Brunei

September 4th, 2008 by kalyan89 in PV Industry - Asia, Press Releases, Reports, Solar Installations

Source: EETimes Asia, 21 Aug 2008
http://www.eetasia.com/ART_8800540499_765245_NT_811c0820.HTM

The large-scale photovoltaic (PV) demonstration project is now being prepared after the signing of the memorandum of understanding (MOU) between the Energy Division, Prime Minister’s Office (EDPMO) and Mitsubishi Corp. in Brunei Darussalam. In this project, a PV system with a capacity of 1.2MW, which is the largest in Southeast Asia, will be built at Seria Power Station in Belait District, Brunei. Verification tests and evaluations for three years will be made after the start of the PV system installation and will be supervised by the combined efforts of EDPMO, the Department of Electrical Services and Mitsubishi. This is part of the MOU of the PV system agreement in Brunei Darussalam. (more…)

Japan’s Mitsubishi plans big expansion in solar power

September 4th, 2008 by kalyan89 in PV Industry - Asia, Press Releases, Reports, SC Company Reports

Tokyo, Aug 26, 2008
Source: AFP / http://afp.google.com/article/ALeqM5hKDz0BRmiysApQu6hLiGhfCP-tMQ

Japan’s Mitsubishi Electric Corp. said Wednesday it will spend 50 billion yen (458 million dollars) to boost solar power cell production four-fold by early 2012 amid growing interest in renewable energies. The group said it will build a new facility on the site of an existing plant in Nagano Prefecture to step up production of photovoltaic cells in response to a sharp increase in demand for solar power generation systems. (more…)

ET Solar Signs 500 Kilowatt Module Sales Agreement with Korean Techwin

September 4th, 2008 by kalyan89 in PV Industry - Asia, Press Releases, Reports, Solar Installations

Source: ET Solar group press release / July 9, 2008
http://www.etsolar.com/en/ns_305__759.html

ET Solar Group Corp. (“ET Solar”), a Nanjing-based vertically integrated manufacturer of photovoltaic products including ingots, wafers, modules, and state-of-the-art dual-axis tracking systems with manufacturing facilities located in Taizhou, China, announced today a module sales agreement with Techwin Co Ltd. (“Techwin”), a leading Korean company in plant engineering and environmental technology development.  Under the contract, ET Solar will supply 500 kilowatt of PV modules to Techwin, in the third quarter of this year. (more…)

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