SFCE 12/6

Press Release: SFCE Signs Cooperative Agreement with French Polynesia to Deploy Large-scale Clean Energy Solutions

1. Solar Deals & Company News

   Jun 11, 2015 | Recharge News

   ...The arrangement will see SFCE building everything from PV systems to LED lighting and ground-source heat pumps. SFCE – owner of Suntech and SAG Solarstrom – intends to become the world’s “largest clean-energy service provider”, and recently branched out into wind. Located in the South Pacific Ocean, French Polynesia has a population of 270,000 spread across more 100 islands, the most populous being Tahiti. SFCE did not disclose the commercial potential of the deal...

Press Release- Suntech Introduces New Generation SuperPoly Module to Be Exhibited At Intersolar Europe

2. Intersolar - Suntech Introduces New Generation SuperPoly Module to Be Exhibited At Intersolar Europe

   Jun 11, 2015 | Alt Energy Mag

   Wuxi Suntech announced today the introduction of its new SuperPoly product line. The SuperPoly, an upgraded polycrystalline module, will be exhibited this week for the first time at Intersolar Europe from June 10th to 12th. Available globally this July, Suntech's current manufacturing capacity for the SuperPoly module is 100MW, however Suntech looks to increase this capacity to more than 1GW at the end of this year.

Press Release: SFCE Signs Cooperative Agreement with French Polynesia to Deploy Large-scale Clean Energy Solutions

1. Solar Deals & Company News

   Jun 11, 2015 | Recharge News

   Renewable Energy Trust Capital has closed a C$66m ($53.6m) non-recourse term loan to support the acquisition of the 14.1MW (dc) CityLights PV project in Ontario fromCanadian Solar. It did not disclose loan terms. San Francisco-based RET Capital now owns three PV plants in the province totaling 40.9MW (dc), all with 20-year feed-in tariff contracts with Ontario’s Independent Electricity System Operator.  

   The global PV sector will grow by almost 50GW in 2015, the first release of a new market report will say. The PV Market Alliance, a consortium of research groups in key solar markets, says the market to 2020 is subject to “a significant level of uncertainty”, with levels between 70GW and 90GW possible. The alliance claims its forecast is one of the most reliable yet compiled, thanks to the expertise of its members and input from third parties such as Solar Power Europe and Bridge to India. The full report will be released in June.

   A subsidiary of Bangkok-based Chow Steel Industries has revealed plans to invest 1.5 billion baht ($44.5m) in 25MW of solar capacity at an undisclosed location in the Philippines. The announcement comes roughly seven months after the group completed construction of its first PV project, a 4MW array on the Tango peninsula, in western Japan’s Kyoto prefecture.

   A unit of NextEra Energy Resources has completed work on a 2.6MW PV system at Tompkins Cortland Community College in Dryden, New York. The facility will provide about 90% of the college’s power requirements over a 25-year period. Financial support for the project came from the New York Sun initiative, which seeks to advance the scale-up of solar and move the state closer to having a sustainable, self-sufficient solar industry.

   Global risk management specialist DNV GL has launched a service dedicated to the growing demand to marry solar and storage technologies. Its Solar + Storage service is designed to support developers, IPPs, utilities and others as they deploy combined systems. DNV GL said:  “Enabling these technologies to work together as a system and connect to the grid is not without challenges. A comprehensive understanding of the risks, technologies and best practices is key to unlocking the full potential of these combined applications.”

   China’s Shunfeng International Clean Energy (SFCE) has inked a deal with French Polynesia to provide a suite of integrated low-carbon energy solutions – including utility-scale and rooftop PV systems – for the France-administered island chain. The arrangement will see SFCE building everything from PV systems to LED lighting and ground-source heat pumps. SFCE – owner of Suntech and SAG Solarstrom – intends to become the world’s “largest clean-energy service provider”, and recently branched out into wind. Located in the South Pacific Ocean, French Polynesia has a population of 270,000 spread across more 100 islands, the most populous being Tahiti. SFCE did not disclose the commercial potential of the deal.

   The Middle East and North Africa (Mena) region will have 11.7GW of installed renewables capacity by 2020, consultancy Apricum predicts. Egypt will lead the pack, with 3.1GW, followed by Saudi Arabia (1.8GW), the United Arab Emirates (1.8GW), Algeria (1.5GW), Jordan (1.2GW) and Morocco (1.1GW), according to Apricum's Nikolai Dobrott. Dobrott expects to see more Mena companies collaborating with and then buying foreign renewables developers in the next few years. Spanish developer FRV was recently acquired by Dubai- and Saudi Arabia-based Abdul Latif Jameel.

   JinkoSolar has agreed to deliver 20MW of PV modules to Turkish EPC specialist Else Enerji. It expects to wrap up the order by October, according to an online statement. The company — which posted first-quarter revenues of 2.7bn yuan($443m), up 36% on the year — did not disclose the terms of the deal. Earlier this week, it revealed that it had supplied 33.67MW of solar panels to Rijn Capital of the Netherlands for a PV array in Chile.

   A unit of China’s Solar Power Inc. (SPI) has agreed to sell the entire issued share capital of a company that owns a 9.5MWPV array in the UK to a fund managed by BlackRock. The project in Kirkby on Bain, Lincolnshire — which will become one of the holdings of the BlackRock Renewable Income UK Fund — was connected to the grid in March. Earlier this week, a separate unit of SPI — which is backed by LDK Solar — offered a 1bn yuan ($161.2m) aggregate finance lease credit line to support Hong Kong-listed Kong Sun’s PV projects throughout China.

   Hanwha Q Cells has switched on an 8.1MW solar array in southwestern England, bringing its portfolio of self-owned, operational PV projects in the country to 53MW. The Seoul-based solar panel supplier — which recently posted first-quarter revenues of $333.5m — handled EPC duties for the Tower Hill project in South Gloucestershire and will provide O&M services now that it is operational. Earlier this month, its parent revealed plans to invest 350 billion won ($315.5m) in the construction of a 1.5GW PV cell factory in Jincheon, in South Korea’s Chungcheongbuk province.

   China’s Yingli Solar fulfilled a 1.1MW module order for Venezuela’s first utility-scale PV plant. The plant – a hybrid solar-diesel system – is located in Los Roques, an archipelago in the Caribbean Sea, and entered full operation last month. The project was developed, designed and built by Consorcio Energias Limpias Alternativas Venezolanas. Yingli has made Latin America one of its geographic priorities as it expands its business.

   A unit of China’s Solar Power Inc. (SPI) has entered a two-year strategic cooperation agreement with PV investor Kong Sun Holdings. Jiangsu Solarbao Leasing, a wholly owned subsidiary of SPI, will offer a 1bn yuan ($161.2m) aggregate finance lease credit line to support Hong Kong-listed Kong Sun’s solar projects throughout China. The agreement includes an option to extend the arrangement by an additional year, but the precise terms of the deal have yet to be determined, according to statement by SPI, which is backed by LDK Solar.

   Canadian Solar has secured a $53m project financing facility with Investec Bank for 40.2MW of PV at four locations throughout the UK. The projects, which were constructed under the Renewables Obligation scheme, started feeding electricity into the grid in March. "The UK market is an important component of our strategy to build and own solar power plants that we plan to drop into a yieldco vehicle in the months ahead,” Canadian Solar chairman Dr. Shawn Qu said in an online statement. “Our goal is to continue investing in the UK.”

   German developer Juwi has started construction of the 86MW Mulilo Sonnedix Prieska PV array in South Africa’s Northern Cape Province. The project for local solar independent power producer Sonnedix is scheduled to be completed by the third quarter of 2016. The Prieska project had been selected under the South African energy department’s third bidding round of its Renewable Energy Procurement Programme in October 2013.

   TerraForm Power, SunEdison’s yieldco, acquired stakes totaling 23MW in nearly 50 distributed PV systems across the US from Chicago-based energy group Integrys. The acquisition, closed on 3 June, saw TerraForm paying $45m and taking on $10m in project debt. The PV systems were all built between 2008 and 2013, and all sell their output under long-term PPAs. Integrys is a sprawling energy holding company, with businesses ranging from regulated power and gas utilities to unregulated power-generation assets – including some 220MW of wind capacity. Last year New York-listed Integrys launched a residential solar finance fund with Clean Power Finance.

   Xinyi Solar has started building a 170MW PV array in Tianjin, northeastern China. The ground-mount project brings the group’s current development pipeline to 750MW, according to a statement on the Hong Kong stock exchange. Thecompany – based in Wuhu, in eastern China’s Anhui province – expects to finish building all of those plants by the end of this year.

   Ameresco has completed a $19.6m, 2MW PV and energy-efficiency project at the Adelphi Laboratory Center in Maryland, a research and development facility that falls under US Army command. Solar build-out includes 331kW on rooftops and 1.7MW through construction of carports. The Army aims to procure and produce at least 1GW of renewable energy by 2025.

   JinkoSolar has supplied 33.67 MW of PV modules to Rijn Capital of the Netherlands for a project in Chile. The San Pedro III Plant Phase I project is located in the Antofagasta Region of northern Chile. It uses 110,400 JinkoSolar high-efficiency PV modules that will produce approximately 100GWh of electricity per year. Chilean bank CorpBancaprovided project financing. Chile is the fastest growing solar market in Latin America.

   Brazil's power regulator Aneel has started a 30-day on-line, public consultation for the tender rules of the PV reserve auction scheduled for 14 August. The legal requirement will allow investors and interested parties to comment on the rules and request changes until 3 July. Aneel will appraise comments and approve a cap price proposal before publishing the definite version of the tender rules. Over 12GW of solar projects have been shortlisted for the auction.

   http://www.rechargenews.com/solar/1402917/solar-deals-and-company-news
   

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Press Release- Suntech Introduces New Generation SuperPoly Module to Be Exhibited At Intersolar Europe

2. Intersolar - Suntech Introduces New Generation SuperPoly Module to Be Exhibited At Intersolar Europe

   Jun 11, 2015 | Alt Energy Mag

   Wuxi Suntech announced today the introduction of its new SuperPoly product line. The SuperPoly, an upgraded polycrystalline module, will be exhibited this week for the first time at Intersolar Europe from June 10th to 12th. Available globally this July, Suntech's current manufacturing capacity for the SuperPoly module is 100MW, however Suntech looks to increase this capacity to more than 1GW at the end of this year. 
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   "We're very excited to be introducing the SuperPoly module at Intersolar Europe this week, along with our new products such as the HyPro module, which is our latest high efficiency module that we offer with PERC solar cell technology," said Xiong Haibo, president of Suntech. "Our continual investment in research and development in our PV technology is part of Suntech's vision of a cost efficient and energy efficient future. The SuperPoly is another module in our range of products that has passed the VDE's certification standards. Our customers who are looking to build utility size projects will find that the SuperPoly panel is the perfect fit for their energy needs." 
   The SuperPoly is a polycrystalline module that integrates an in-depth reflection technology and passivation process, which enables the module to generate at least 2 power classes more (approximately 10W) than the average industry level module, reaching efficiency levels up to 16.7%. Improvements to the color uniformity of the cells allow the SuperPoly 72 cell module to produce an optimal 325W at peak performance, ideal for utility scale size projects. Additionally, this PID-free module sustains higher power output at 200W/m2 compared to the conventional module in weak lighting conditions, catering to markets that require high efficiency and durability under dynamic solar conditions such as the UK, Germany and Thailand. The SuperPoly, like all Suntech's four busbar module designs, has a lower probability of micro-cracks and hotspots, making the modules less susceptible to malfunctions that lead to significant power degradation. 
   Suntech was recently named on Bloomberg New Energy Finance's (BNEF) May 2015 Global PV Market Outlook list as a tier 1 solar company, based on its bankability. 
   Suntech will be present at Intersolar Europe 2015 in Munich from June 10-12, 2015, booth number A1.160. Along with the SuperPoly module, the following Suntech products will be featured at the exhibition: the HyPro module with PERC technology, which has an average cell efficiency that can reach up to 20.5%, perfect for residential and rooftop projects; an integrated AC module designed for the residential market, which produces a high energy yield with less installation and maintenance costs; an anti-glaring module designed for airports, railway and highway projects and offers reflectivity reduction of up to 3%; and a standard module, which is suitable for both rooftop and utility projects. The products are all PID-free and provide high performance yields in low light conditions. Suntech's products come with a 10-year product warranty, along with excellent customer service. 
   About Wuxi Suntech Power Co., Ltd. 
   Wuxi Suntech Power Co., Ltd., a company incorporated in the PRC in January 2001, produces industry-leading solar products for residential, commercial, industrial, and utility applications. Suntech is a Bloomberg New Energy Finance's tier 1 solar company, based on its bankability and has delivered more than 30 million photovoltaic panels or 9 GWs of installed capacity to more than 1 thousand customers in more than 80 countries. Suntech's pioneering R&D creates customer-centric innovations that are driving solar to grid parity against fossil fuels. Suntech's mission is to provide reliable access to nature's cleanest and most abundant energy source.

   http://www.altenergymag.com/news/2015/06/11/intersolar--suntech-introduces-new-generation-superpoly-module-to-be-exhibited-at-intersolar-europe-/20294/
   

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