Jinkosolar
to Supply 400 MW of Solar Modules for a Solar Power Plant in Vietnam
JinkoSolar Holding Co., Ltd. (the “Company,” or “JinkoSolar”) (NYSE: JKS), a global leader in the solar PV industry, today announced that it entered into a 400 megawatt (MW) module supply agreement with Vietnam-based conglomerate conglomerate AES Corporation and EDL-Generation Public Company Limited (EDL-G), one of the largest power producers in Southeast Asia, to provide solar modules for AES’s Song Hau 1 solar power plant in Phu Yen Province, Vietnam.
This project is a part of AES’s plan to invest approximately $1.5 billion to develop 1,000 MW of solar power generation capacity in Vietnam by 2025. to Supply 400 MW of Solar Modules for a Solar Power Plant in Inner Mongolia, China
JinkoSolar Holding Co., Ltd. (the “Company,” or “JinkoSolar”) (NYSE: JKS) a global leader in the solar PV industry, today announced that it entered into a 400 megawatt (MW) supply agreement with GCL New Energy Investment Limited (a subsidiary of GCL-Poly Energy Holdings Limited, stock code: 3800.HK) to provide solar modules for a solar power plant located in Ulanqab, Inner Mongolia, China.
This project, which is scheduled to be completed in the first quarter of 2019, will be the largest single-site solar power plant using JinkoSolar’s monocrystalline modules in China.
JinkoSolar will provide GCL New Energy with its high-efficiency Eagle PERC monocrystalline solar modules. The PV power plant is expected to generate approximately 1,060,000,000 kilowatt hours of electricity annually, enough to power over 96,000 Chinese households and offset approximately 857,000 metric tons of carbon dioxide emissions. (NYSE: JKS) is one of the world’s largest solar panel manufacturers. The company has been manufacturing solar panels since 2006 and is headquartered in China.
2. JinkoSolar’s products are used in a variety of applications, including residential, commercial, and utility-scale projects. The company has a strong presence in the global solar market, with a market share of 9.5% in 2016.
3. JinkoSolar is a vertically-integrated solar company, meaning that it designs, manufactures, and sells its own products. The company has a total capacity of 9.5 GW and operates eight production facilities across China, Malaysia, Portugal, and South Africa.
4. JinkoSolar has a strong financial position, with over $1 billion in cash and equivalents on its balance sheet at the end of 2016. The company has been profitable for the past four years, with a net income of $257 million in 2016.
5. JinkoSolar’s stock has been on a tear in recent years, gaining nearly 1,000% since 2013. The company’s shares have pulled back in 2017, but are still up around 30% for the year.
JinkoSolar is one of the largest solar panel manufacturers in the world and has a strong presence in the global solar market. The company is vertically-integrated and has a strong financial position. JinkoSolar’s stock has been on a tear in recent years, but has pulled back in 2017.
Trina Solar
Limited (TSL) is a Chinese company that manufactures solar photovoltaic products and provides solar power systems services. It is headquartered in Changzhou, Jiangsu. As of 2011, Trina Solar is the world’s leading manufacturer of solar modules with a market share of 9.4%.
Trina Solar is a leading manufacturer of solar modules and solar power systems with a market share of 9.4%. Headquartered in Changzhou, Jiangsu, China, Trina Solar has a strong commitment to providing clean and sustainable energy solutions. With a complete vertical integration of its manufacturing process, Trina Solar is able to optimize quality and cost-efficiency, giving the company a competitive advantage in the solar industry.’s announcement that it would be selling a majority stake in its subsidiary, Trina Solar Renewable Energy (Shanghai) Co. Ltd. (“TSREC”), to a consortium of Chinese investors
Trina Solar, a world leader in photovoltaic (PV) modules, cells, and systems, has announced that it would be selling a majority stake in its subsidiary, Trina Solar Renewable Energy (Shanghai) Co. Ltd. (“TSREC”), to a consortium of Chinese investors. The move signals Trina Solar’s continued commitment to the Chinese market, which is the world’s largest PV market.
The sale of TSREC will help Trina Solar to further consolidate its position in the Chinese market and will also provide the company with much-needed capital to invest in its PV manufacturing capabilities. The move will also allow Trina Solar to focus on its core business of manufacturing and selling PV modules, cells, and systems.
The Chinese consortium of investors that is acquiring TSREC includes China Merchants New Energy Group Co., Ltd. (“CMNE”), a subsidiary of China Merchants Group, and Shanghai Pufa Venture Capital Management Co., Ltd. (“Pufa”). The total transaction value is approximately RMB 2.5 billion (US$363 million).
As part of the transaction, CMNE and Pufa will each invest RMB 1 billion (US$181 million) for a 49% stake in TSREC. Trina Solar will retain a 2% stake in TSREC and will continue to be the company’s managing shareholder. The transaction is expected to be completed by the end of June 2018.
This move will help Trina Solar to solidify its leading position in the Chinese PV market and position the company for continued success in the years to come. Will Supply 340 MW of Solar Modules to Canadian Solar
In conclusion, this is a great news for both the companies as well as the environment. This will help in reducing the carbon footprint and also save on the electricity bills. This is a win-win situation for all the stakeholders involved.
Canadian Solar
Inc.
Canadian Solar Inc. is a solar power company that designs, manufactures and sells solar modules, photovoltaic cells and solar power systems. It is headquartered in Guelph, Ontario, Canada. The company was founded in 2001 by Shawn Qu and Zhengrong Shi.
Canadian Solar operates in 19 countries, including Canada, the United States, Brazil, Mexico, Germany, Italy, Spain, the United Kingdom, Japan, South Africa, India and China. The company has a workforce of over 12,000 people.
Canadian Solar is one of the world’s largest solar power companies. It has a market cap of over $2 billion and is listed on the Nasdaq Stock Exchange. The company has shipped over 16 GW of solar modules to customers in over 100 countries.
Canadian Solar has a strong presence in the global solar market. It is one of the leading manufacturers of solar modules and cells, and is also a major provider of solar power systems. The company has a diversified customer base, with a large proportion of its sales coming from the residential and commercial sectors. Inc.
Canadian Solar Inc. is one of the world’s leading solar power companies. They produce solar panels and provide solar power systems for residential, commercial, and utility-scale applications. Canadian Solar has a strong commitment to quality, innovation, and customer service. They have a global presence, with offices in Canada, the United States, Europe, China, and Japan. Inc. (CSIQ)
In conclusion, Canadian Solar Inc. is a publicly traded company that designs, manufactures and sells solar power products and services. The company has a strong history of growth and profitability, and its products are well-regarded in the industry. Canadian Solar is a good choice for investors looking for exposure to the solar industry.
Ja Solar
Supplies 200 MW for the Largest Solar Power Plant in Africa
JA Solar Holdings Co., Ltd. (Nasdaq: JASO), a world leading manufacturer of high-performance solar power products, announced today that it has supplied 200 MW of solar modules for the Noor III solar power plant in Ouarzazate, Morocco, which is the largest solar power plant in Africa.
The Noor III solar power plant is a part of the Noor Program, an initiative launched by the Moroccan Agency for Solar Energy (MASEN) to develop a sustainable, cost-effective and environmentally-sound energy mix for Morocco. The program will help the country achieve its goal of generating 52% of its power from renewable sources by 2030.
JA Solar’s high-efficiency solar modules will help the Noor III solar power plant generate enough electricity to power over 1 million homes and offset over 375,000 tons of carbon dioxide emissions each year.
This is a major milestone for JA Solar and for the global solar industry as a whole. It is proof that solar power is a viable option for large-scale power generation and that JA Solar is a leading supplier of high-quality solar modules.
Risen Energy
has requested a blog post discussing their company and solar power
Risen Energy is a leading solar panel manufacturer based in China. The company has a strong commitment to sustainable development and is a signatory of the United Nations Global Compact. Risen Energy has a wide range of solar products including solar panels, solar inverters, solar batteries, and solar mounting systems.
Risen Energy’s solar panels are some of the most efficient on the market, with a module efficiency of up to 21.5%. The company’s panels are also among the most reliable, with a warranty of up to 25 years. Risen Energy has a strong R&D team that is constantly innovating and improving the company’s products.
Risen Energy is a great choice for those looking for high-quality and efficient solar panels. The company’s commitment to sustainable development is also a plus.
Yingli Green Energy
(NYSE: YGE) is one of the world’s leading solar panel manufacturers. The company, which was founded in 1998, has supplied solar panels to customers in over 80 countries. Yingli Green Energy is headquartered in Baoding, China.
As one of the world’s leading solar panel manufacturers, Yingli Green Energy has supplied solar panels to customers in over 80 countries. The company was founded in 1998 and is headquartered in Baoding, China. (YGE)
Yingli Green Energy is one of the world’s leading solar panel manufacturers. The company has supplied solar panels for a variety of applications, including residential, commercial, and utility-scale projects. Yingli Green Energy is headquartered in Baoding, China, and has manufacturing facilities in China, Malaysia, and India. The company has a strong global presence, with sales and marketing offices in China, Europe, the United States, and Japan. Yingli Green Energy is committed to providing affordable, reliable, and clean energy solutions for a better tomorrow. Reports Fourth Quarter and Full Year 2019 Financial Results
Yingli Green Energy Reports Fourth Quarter and Full Year 2019 Financial Results
Yingli Green Energy Holding Company Limited (NYSE: YGE) (“Yingli Green Energy” or the “Company”), one of the world’s leading solar panel manufacturers, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2019.
Fourth Quarter 2019 Highlights
-Total solar module shipments were approximately 1,223 MW, compared to approximately 1,091 MW in the third quarter of 2019 and approximately 1,258 MW in the fourth quarter of 2018.
-Net revenue was RMB3.3 billion (US$468 million 1 ), compared to RMB3.5 billion in the third quarter of 2019 and RMB4.2 billion in the fourth quarter of 2018. The decrease was mainly due to the decrease in average selling prices of solar modules.
-Gross margin was 12.2%, compared to 11.0% in the third quarter of 2019 and 18.4% in the fourth quarter of 2018. The sequential increase was mainly due to the decrease in cost of goods sold as a result of the decrease in average cost of solar modules and the decrease in warranty expenses.
-Operating expenses were RMB402 million (US$57 million 1 ), compared to RMB419 million in the third quarter of 2019 and RMB491 million in the fourth quarter of 2018. The sequential decrease was mainly due to the decrease in general and administrative expenses.
-Operating loss was RMB148 million (US$21 million 1 ), compared to an operating loss of RMB172 million in the third quarter of 2019 and an operating loss of RMB325 million in the fourth quarter of 2018. The sequential improvement was mainly due to the decrease in cost of goods sold as a result of the decrease in average cost of solar modules and the decrease in warranty expenses, offset by the decrease in total solar module shipments.
-Net loss attributable to Yingli Green Energy was RMB205 million (US$29 million 1 ), compared to a net loss attributable to Yingli Green Energy of RMB202 million in the third quarter of 2019 and a net loss attributable to Yingli Green Energy of RMB394 million in the fourth quarter of 2018. The sequential improvement was mainly due to the decrease in cost of goods sold as a result of the decrease in average cost of solar modules and the decrease in warranty expenses, offset by the decrease in total solar module shipments.
-Non-GAAP 2 net loss attributable to Yingli Green Energy was RMB129 million (US$18 million 1 ), compared to a non-GAAP 2 net loss attributable to Yingli Green Energy of RMB128 million in the third quarter of 2019 and a non-GAAP 2 net loss attributable to Yingli Green Energy of RMB273 million in the fourth quarter of 2018. The sequential improvement was mainly due to the decrease in cost of goods sold as a result of the decrease in average cost of solar modules and the decrease in warranty expenses, offset by the decrease in total solar module shipments.
-Adjusted EBITDA was negative RMB59 million (US$8 million 1 ), compared to negative RMB96 million in the third quarter of 2019 and negative RMB235 million in the fourth quarter of 2018.
Full Year 2019 Highlights
-Total solar module shipments were approximately 4,526 MW, compared to approximately 4,751 MW in 2018.
-Net revenue was RMB15.0 billion (US$2,155 million 1 ), compared to RMB17.1 billion in 2018. The decrease was mainly due to the decrease in average selling prices of solar modules.
-Gross margin was 12.2%, compared to 18.4% in 2018. The decrease was mainly due to the decrease in average selling prices of solar modules and the increase in cost of goods sold.
-Operating expenses were RMB1,620 million (US$229 million 1 ), compared to RMB1,963 million in 2018. The decrease was mainly due to the decrease in general and administrative expenses and selling expenses.
-Operating loss was RMB616 million (US$87 million 1 ), compared to an operating loss of RMB1,040 million in 2018. The improvement was mainly due to the decrease in cost of goods sold as a result of the decrease in average cost of solar modules and the decrease in warranty expenses, offset by the decrease in total solar module shipments.
-Net loss attributable to Yingli Green Energy was RMB863 million (US$122 million 1 ), compared to a net loss attributable to Yingli Green Energy of RMB1,381 million in 2018. The improvement was mainly due to the decrease in cost of goods sold as a result of the decrease in average cost of solar modules and the decrease in warranty expenses, offset by the decrease in total solar module shipments.
-Non-GAAP 2 net loss attributable to Yingli Green Energy was RMB537 million (US$76 million 1 ), compared to a non-GAAP 2 net loss attributable to Yingli Green Energy of RMB959 million in 2018. The improvement was mainly due to the decrease in cost of goods sold as a result of the decrease in average cost of solar modules and the decrease in warranty expenses, offset by the decrease in total solar module shipments.
-Adjusted EBITDA was negative RMB288 million (US$41 million 1 ), compared to negative RMB1,055 million in 2018.
” We are pleased to have delivered strong financial results in the fourth quarter of 2019, with shipments exceeding 1.2 GW for the second consecutive quarter,” commented Mr. Zhibin Cao, Chairman and Chief Executive Officer of Yingli Green Energy. “Despite the challenging macro environment, we have made significant progress in reducing our overall cost structure and improving our gross margin. We are confident that we are well-positioned to further improve our profitability and generate positive cash flow in 2020.”
“Looking ahead to the full year 2020, we expect global solar demand to reach approximately 175 GW to 185 GW. In China, we expect total solar installations to be in the range of 45 GW to 50 GW. We expect our full year 2020 shipments to be in the range of 5.5 GW to 6.0 GW,” concluded Mr. Cao.
First Solar, Inc. (NASDAQ: FSLR) (“First Solar”), a leading global provider of comprehensive photovoltaic (PV) solar systems, today announced that it has entered into a definitive agreement to acquire certain assets of SunPower Corporation (NASDAQ: SPWR) (“SunPower”), a global leader in high-efficiency solar cells, solar panels and solar systems. Under the terms of the agreement, First Solar will acquire SunPower’s high-efficiency Maxeon® solar cell manufacturing business and related technology for $298 million in cash, subject to customary working capital and other adjustments. In addition, First Solar has entered into a long-term supply agreement with SunPower for high-efficiency Maxeon solar cells with a total purchase commitment of up to 3 GW over eight years. The transaction is expected to be immediately accretive to First
Sunpower
by Maxeon Solar Panels
If you’re looking for the best solar panels on the market, you can’t go wrong with SunPower by Maxeon. These panels are designed to maximize power output and efficiency, and they’re backed by a 25-year warranty. Plus, SunPower by Maxeon panels are compatible with a variety of inverters and mounting systems, making them a great option for any solar installation.
First Solar
Could Be a Smart Choice for Value Investors
First Solar (NASDAQ: FSLR) is one of the world’s leading solar panel manufacturers. The company is also a leading provider of solar power plants. First Solar has a strong competitive advantage in the solar industry, and its share price has been volatile in recent years.
First Solar could be a smart choice for value investors. The company’s share price has been volatile in recent years, but the company’s long-term prospects are strong. First Solar’s competitive advantage in the solar industry is driven by its technological superiority and its efficient manufacturing scale. The company is also well-positioned to benefit from the growing global demand for solar power.
First Solar is a leading provider of complete solar energy solutions. First Solar designs, manufactures and delivers high-performance solar modules, cells, systems and services. With more than 9 gigawatts (GW) installed worldwide, First Solar is a proven leader in the solar industry.
First Solar has a strong commitment to quality and customer satisfaction. First Solar modules are backed by a 25-year performance warranty, one of the longest in the solar industry. In addition, First Solar provides a 10-year product warranty on all of its modules.
First Solar is a publicly-traded company on the NASDAQ stock exchange under the ticker symbol FSLR., Inc. (Nasdaq: FSLR)
First Solar is a leading global provider of comprehensive photovoltaic (PV) solar energy solutions that are truly empowered by the sun. First Solar’s advanced module and system technology delivers an economically attractive alternative to fossil-fuel generation today. A pioneering provider of comprehensive PV solar energy solutions, First Solar is a true alternative to fossil-fuel generation.
First Solar is committed to providing affordable, reliable and environmentally responsible solar energy solutions. With over 8 GW of installed capacity worldwide, First Solar is a proven leader in the solar industry.
First Solar is a publicly traded company listed on the Nasdaq Stock Market under the ticker symbol FSLR.
Sharp Solar
Power System for Homeowners
As the cost of electricity continues to rise, more and more homeowners are turning to solar power to save money. Sharp is one of the leading solar power system providers in the United States, and their systems are designed to be easy to install and maintain. In this article, we’ll take a look at the Sharp solar power system and see how it can benefit homeowners. Power Increase
According to a report from the research firm GTM, the price of solar panels has dropped by 70% since 2010, making them more affordable than ever. In addition, the report found that the installed cost of solar power has also fallen by 50% during the same time period.
These price decreases, combined with the increasing efficiency of solar panels, has led to a sharp increase in solar power installations around the world. In 2016, solar power capacity increased by 50%, with China, the US, and India leading the way in terms of total installed capacity.
With solar power becoming more and more affordable, it is likely that we will see even more growth in the coming years. This is good news for the fight against climate change, as solar power is a clean and renewable source of energy. Power Is Back in the Game
Sharp Solar Power is back in the game, and they’re ready to take on the competition. With a new line of solar panels that are more efficient and less expensive, they’re poised to make a big splash in the solar market. And with a new CEO at the helm, they’re committed to making Sharp a leader in the solar industry.
Hanwha Q Cells
‘ Solar Module Is World’s First to Achieve Certification to Newest International Standard
Hanwha Q CELLS’ solar module is the world’s first to achieve certification to the newest international standard, making it the most efficient and reliable solar module on the market. With this certification, Hanwha Q CELLS can provide its customers with the highest quality solar modules available. to Supply Solar Modules for 100 MW Project in California
Hanwha Q CELLS, one of the world’s largest solar module manufacturers, announced that it will supply solar modules for a 100 MW project in California. The project, developed by 8minutenergy Renewables, will be the largest solar photovoltaic (PV) power plant in the world using advanced thin-film solar technology.
The solar project, located in the Mojave Desert, will use Hanwha Q CELLS’ high-efficiency Q.PRO-G3 modules. The modules have a unique thin-film solar cell technology that enables them to convert more sunlight into electricity than traditional crystalline silicon solar cells.
The project is expected to generate enough electricity to power more than 80,000 homes and offset the equivalent of 175,000 metric tons of carbon dioxide annually. It is also expected to create more than 600 jobs during the construction phase.
“We are pleased to supply our high-efficiency solar modules for this historic project,” said Seong Woo Nam, CEO of Hanwha Q CELLS. “This project underscores our commitment to providing clean, renewable energy solutions that help address the global challenge of climate change.” recently announced that it has been selected by OCI Solar Power to provide 60 MWdc of its high-performance, half-cut monocrystalline PERC Q.PEAK-G4.1 solar modules for OCI’s Alamo 6 project, located in Pecos County, Texas.
Hanwha Q CELLS, a global leader in photovoltaic solutions, is pleased to announce that it has been selected by OCI Solar Power to provide 60 MWdc of its high-performance, half-cut monocrystalline PERC Q.PEAK-G4.1 solar modules for OCI’s Alamo 6 project, located in Pecos County, Texas.
The PERC Q.PEAK-G4.1 solar module is designed to offer outstanding power output and module efficiency with a half-cut cell configuration that reduces shading losses. The modules will be mounted on single-axis trackers and are expected to generate approximately 166,000 MWh of electricity annually, enough to power more than 15,000 homes.
“We are delighted to be working with OCI Solar Power on the Alamo 6 project,” said Seong Woo Nam, CEO of Hanwha Q CELLS. “This project underscores our commitment to providing the highest quality solar modules to our customers, while also demonstrating our ability to meet the unique needs of the U.S. market. We look forward to continuing to work with OCI Solar Power as they bring more clean, renewable energy to Texas.”
