Thursday, August 21, 2014

Yingli Green Energy to Energize 2 MW Rooftop Solar Project in Japan

BAODING, CHINA --(eSolarEnergyEnergy)--  Yingli Green Energy, the largest vertically integrated photovoltaic module manufacturer in the world, known as "Yingli Solar," today announced that its wholly-owned subsidiary, Yingli Green Energy Japan Corporation, Ltd. (Yingli Japan), is supplying more than 2 MWs of monocrystalline PV modules to Japan Benex Corporation. The modules will be used on the Benex Nagareyama Solar Port, which will be one of the largest solar projects on a rented rooftop in Japan upon completion.

According to the agreement between Yingli Japan and Japan Benex Corporation, Yingli will deliver more than 8,000 monocrystalline PANDA series modules for the project by the end of August 2014. Located in Nagareyama City, Chiba Prefecture, the project will be connected to the grid in October 2014. Upon completion, it will generate approximately 2,150,000 kWh of clean electricity annually. Installing solar energy systems on rented rooftops is an emerging trend in the Japanese solar market due to limited land availability.

"We are pleased to install Yingli's PV modules on the Benex Nagareyama Solar Port," said Mr Yohei Kobayashi, Executive Vice President of Japan Benex Corporation. "Since the project's space is limited by a small roof, our success depended on selecting a highly efficient module. Yingli's PANDA series is most appropriate for the project, with its high output and high quality."

"We're pleased to partner with Japan Benex Corporation once more," said Mr. Liansheng Miao, Chairman and Chief Executive Officer of Yingli Green Energy. "By leveraging our strong track record of success with long-term partners such as Japan Benex Corporation, we expect to see more opportunities in Japan's rooftop solar market."

About Yingli Green Energy

Yingli Green Energy Holding Company Limited (NYSE: YGE), known as "Yingli Solar," is the world's largest photovoltaic module manufacturer in terms of production capacity and shipments. Yingli Green Energy's manufacturing covers the photovoltaic value chain from ingot casting and wafering through solar cell production and module assembly. Headquartered in Baoding, China, Yingli Green Energy has more than 30 regional subsidiaries and branch offices and has distributed more than 10,000 MW of PV modules to customers worldwide. For more information, please visit www.yinglisolar.com and join the conversation on Facebook, Twitter and Weibo.

Wednesday, August 20, 2014

ReneSola to Supply 5.4MW in Solar Modules for India Utility Project

JIASHAN, CHINA --(eSolarEnergyNews)--  ReneSola, a leading brand and technology provider of solar photovoltaic products, today announced it will provide 5.4 megawatts ("MW") in solar modules to Welspun Energy Pvt. Ltd. ("Welspun Energy"), a New Delhi-based engineering, procurement and construction (EPC) firm, for a utility-scale project in India.

Under the terms of the agreement, this month ReneSola will provide 240W and 245W versions of its popular Virtus II solar PV modules, which were manufactured at the Company's India-based OEM facilities, thereby satisfying the project's domestic content requirements (DCR), which call for certain solar projects to incorporate locally manufactured components. The companies hope to expand the project, which is subject to regulatory allocation by India's National Solar Mission.

"ReneSola's global OEM capacity of more than 1.1 gigawatts allows us to respond quickly to client demand and to shifting trade policies across the major solar markets, which have become problematic for many of our China-based peers," said Mr. Xianshou Li, the Company's chief executive officer. "India is one of our seven OEM locations around the world, and we see high growth potential in the country's DCR market. Moreover, we look forward to working with Welspun Energy, an experienced and fast-growing EPC, to help India reach its green energy goals."

Canadian Solar Completes the Sale of Good Light Solar Power Plant to BluEarth

GUELPH, ONTARIO --(eSolarEnergyNews)--  Canadian Solar, one of the world's largest solar power companies, today announced that its wholly-owned subsidiary, Canadian Solar Solutions Inc., has completed the sale of Good Light, a 10 megawatt ("MW") AC solar power plant located in the town of Kawartha Lakes, Ontario, Canada, valued at over C$66.0 million ($60.3 million) to a BluEarth Renewables Inc. subsidiary ("BluEarth"). This is the second of four planned solar projects being acquired by BluEarth from Canadian Solar, totalling 38.5 MW AC.

"We are pleased to announce the closing of the second utility-scale solar power plant to BluEarth Renewables, a private independent renewable power producer. Completing the Good Light project showcases Canadian Solar strength and position as a leading provider of solar energy solutions in Canada. The completion of this utility-scale solar farm has contributed significantly to job creation in Ontario during the construction and development phase through to the power plant operation and management phase. We look forward to continuing our successful cooperation with BluEarth on the remaining two projects and beyond," said Shawn Qu, Chairman and Chief Executive Officer of Canadian Solar Inc.

"BluEarth is pleased to be further expanding our diversified renewable asset base with the addition of the Good Light Solar facility. This addition is an important milestone for BluEarth, bringing us one step closer to meeting our target of having more than $600 million of high-quality, long-term contracted hydro, solar and wind assets online by the end of 2015," said Kent Brown President & CEO of BluEarth. "We look forward to delivery of the remaining two Ontario projects and a continued relationship with Canadian Solar," Brown went on to say.

40MW Solar Farm Project is Shovel Ready in Bladen County, NC

ASHEVILLE, N.C., --(eSolarEnergyNews)--  Innovative Solar Systems is a developer of large Utility Scale Solar Farm projects here in the United States and is very excited to announce that the company is in the final stages of selecting their partner for the structured financing on the company's 40MW solar farm project in Ivanhoe, NC. This project will employ approximately 135,000 of some of the most efficient solar PV panels in the industry situated on a pristine tract of land that encompasses several hundred acres and is perfect for due south operation of the power plant. Spokesman and CEO for the company, John E. Green states that this 40MW solar energy power plant will be a welcome addition to ISS's already extensive portfolio of developed projects in North Carolina.

Large solar farm projects are always a welcome addition to the counties and states where they are built due to the jobs they create, and the revenues they generate for counties just in added taxes alone. This project will supply enough clean energy to area for approximately 12,000 homes while reducing our states carbon foot print. More and more solar equipment manufacturing companies are partnering up with companies like ISS as a strategy to have a direct conduit for their product placement and thus eliminate scheduling and forecasting headaches long term. Solar PV Panel companies are probably the most common companies that work with ISS on an ongoing basis to assure they have a home for major allocations of product inventory.

Equity funds, wealth management groups, private investors and many hedge fund groups have set up special renewable energy funds to have a special sector within the company's portfolio to allocate sizable amounts of capital for renewable energy projects that make the most sense for their clients. ISS looks for projects to develop in key states across the United States and abroad that make the most sense for its buyers and investors. Buyers of our projects want two things states CEO John E. Green of ISS, they want stable long term returns and a quality installed project by a company with proven experience like Innovative Solar Systems. A 40MW project like this one being installed in Bladen County will cost approximately $100,000,000 and provide substantial benefits to the community and state when commissioned.

Innovative Solar Systems has been a pioneer in the field of solar farm development and believes the cornerstone of business is to provide a better product and competitive pricing. As a world leader in renewable energy ISS strives to provide clean energy to the planet for less than traditional means such as goal, gas, hydro and nuclear. Providing a cleaner environment and assuring that our children always have access to electricity and water should be what every citizen demands for themselves and their children. For more information about Innovative Solar Systems, LLC and available projects for sale please visit http://innovativesolarsystemsllc.com/ or call the company at (828)-215-9064.

Thousands of Nevadans Urge Utilities Commission to Stand Strong for Rooftop Solar

LAS VEGAS, NV --(eSolarEnergyNews)-- Yesterday dozens of concerned Nevadans gathered at the Public Utilities Commission of Nevada (PUCN) to show support for one of the state’s most important rooftop solar programs. The energetic crowd delivered more than 4,300 petition signatures urging state leaders to stand strong for rooftop solar and the many economic, environmental and grid benefits it delivers throughout the state.

This demonstration of public solar support coincides with a PUCN workshop being held today to evaluate the state’s successful net metering program. Net metering gives Nevada solar customers full credit on their energy bills for valuable clean electricity they deliver to the utility grid. This simple crediting arrangement is one of the most effective state policies for enabling Nevadans to go solar. In filings before the PUCN, NV Energy has stated its interest in eliminating Nevada’s net metering program altogether.

“Any Nevadan knows that our state has a tremendous solar resource. I'm proud that my solar investment is lowering my own bills as well as those of my neighbors by producing clean, reliable local electricity. It just makes sense to put that free sunshine to work with good state policy that clears the way for more Nevadans to go solar,” said retired Colonel Michael Horsley, a Las Vegas resident who went solar in 2013.

"Every week, Gymcats touches the lives of 1,500 kids, helping them grow stronger and shine. It's important to me that we lead our students by example when it comes to transitioning away from the fossil fuels of the past and building our new energy economy," said Cassie Rice, owner of Gymcats, one of the largest gymnastics facilities in the Las Vegas area. "Today we are proud to meet about 40 percent of our own electricity needs with plentiful Nevada sunshine. This investment in solar has helped my business take control of our utility bills, choose clean energy and further benefit the community we serve."

“Rooftop solar is putting Nevada energy customers in charge of their electricity supply and utility bills like never before. By reducing the need for expensive traditional power plants and utility infrastructure, this local clean energy investment is a cost-saver for solar and non-solar customers alike,” said Susannah Churchill, regional director for Vote Solar. “We urge the state’s policymakers to recognize these benefits and ensure that Nevada’s solar customers continue to be fairly compensated for them with a strong net metering program.”

A recent study from the PUCN confirmed that the grid benefits from net metered clean energy systems installed from 2014 to 2016 will outweigh costs by $174 million, helping keep rates low for all NV Energy customers. In addition to these grid benefits, rooftop solar is proving to be a strong economic engine for the state. Nevada’s growing rooftop solar market has driven $200 million in private investment and helped support more than 2,400 solar jobs with both local and national solar companies.

“Just as leading national rooftop solar companies like Sunrun are investing in Nevada’s clean economy and creating in-state solar jobs, rooftop solar has come under attack,” said Walker Wright, spokesperson for The Alliance for Solar Choice (TASC). “We encourage state leaders to stand for innovation and progress by ensuring that Nevadans can continue to generate their own clean energy.”

Local solar power development is also building healthier communities and benefiting the environment by reducing harmful pollution. This pollution reduction is especially important for low-income families who disproportionately bear the public health burden of fossil power. Of particular benefit to Nevada, rooftop solar also helps reduce the state’s use of water-intensive traditional power sources.

“Whether we are talking about healthier air for our children to breathe, water conservation during this severe drought, or combatting the very real threat of climate change, solar is readily available to be part of the solution here in Nevada. I urge our state leaders to defend our net metering program and other policies that empower Nevada homes, schools and businesses to invest in and benefit from a growing clean energy economy,” said Jane Feldman, Energy Chair for the Toiyabe Chapter of Sierra Club.

A coalition of solar supporters including consumers, businesses and environmental groups organized the petition drive. Participating organizations included: Vote Solar, TASC, Sierra Club, and CREDO.