China is growing more aggressive with its solar energy goals

Solar energy is gaining more support in China China is considering adopting a new solar energy goal as part of its 13th five-year plan. The new plan involves a stronger focus on solar energy, which has become a very prominent force in China. The country has invested quite heavily in this form of energy over the past few years, with numerous manufacturers flooding the market with photovoltaic products that are inexpensive and quite effective. China has revised its solar energy goals numerous times, as the country has proven very capable…

Read More

Solar power plants to be built in China by Apple

Apple Inc. to work with SunPower Corp. to build 40 MW of solar energy projects in Chinese province. The two companies intend to build two solar power projects in Sichuan province, which will result in a total capacity of 40 MW (megawatts) and, once complete, the project will be owned by Apple and SunPower’s project development joint venture, Sichuan Shengtian New Energy Development Co Ltd. The projects are expected to be completed in Q4 2015. It is anticipated that the projects will provide as much as 80 million kWh (kilowatt-hours)…

Read More

China increases its solar energy goals for 2015

National Energy Administration confirms China is on track to reach its new solar capacity goals Solar energy is growing at a rapid pace in China. The country’s National Energy Administration has confirmed that China is on track to see more than 17 gigawatts of new solar capacity installed this year. Many solar projects have received support from the Chinese government and the sector is flourishing because of this support. China is working to distance itself from older forms of energy for the sake of the environment and for economic progress…

Read More

Japan may soon be the world’s leading solar energy market

China could lose its spot as top solar market to Japan China may soon lose its spot as the world’s leading solar energy market as Japan becomes a very prominent player in the global scene. Li Junfeng, Director General of China’s National Center for Climate Change Strategy and International Cooperation, gave an interview recently in which he suggested that China may only be able to install 10 gigawatts of solar capacity this year. While this may still be a major accomplishment for the country, this will fall short of China’s…

Read More

China adopts new policies to support solar energy

National Energy Administration of China introduces new policy document China is moving ahead with plans to accelerate its adoption of clean energy. Solar power has become one of the country’s most heavily supported forms of renewable power and companies that specialize in solar energy have much to gain from this. The National Energy Administration of China has released a new policy document that details the country’s plans to embrace clean energy more aggressively through new financing schemes that are focused on distributed solar power. Country aims to have 14 GW…

Read More

China continues to reign supreme in the solar energy field

Chinese manufacturers account for majority of global photovoltaic module supply Chinese manufacturers of photovoltaic products have again positioned themselves to dominate the global market. China has a powerful industrial complex, through which many manufacturers have managed to produce massive amounts of solar panels and similar products to ship throughout the world. Over the past few years, Chinese manufacturers have been able to flood the global market with photovoltaic products, which has lead to a sharp decline in the cost of solar energy overall. According to a new report from NPD…

Read More

China to double production of solar energy systems by 2017

China continues to lead the world in solar panel manufacture In 2013, China established a new world record in terms of installed solar energy capacity. It was the first time that the country had lead the world in solar power installations and the manufacture of photovoltaic products, but China is not satisfied with its accomplishments in the clean energy field. While the country currently accounts for a staggering 64% of global solar panel production, it is looking to find more success in this field in the coming years. GTM Research…

Read More

Yingli Solar reaches a milestone in the solar energy field

Company has supplied some 10 GW worth of photovoltaic modules worldwide Yingli Solar, a leading producer of photovoltaic modules, has reached a major milestone. The company has announced that it has supplied a cumulative 10 gigawatts worth of solar modules globally. The company suggests that when these modules are fully operational, they have the potential to generate a combined 12 billion kilowatt-hours worth of electrical power every year. This is enough to power some 4 million average homes or meet 20% of China’s residential energy demand. Majority of solar shipments…

Read More

Faulty solar energy systems are being discovered in China

China is a leader in solar power, but faulty panels are causing troubles for the country’s solar industry China has become the world’s leading investors in renewable energy and one of the top countries for solar energy, but the country’s domestic solar industry could be facing significant turbulence soon. Defective photovoltaic modules and other technologies are being put to use to bolster China’s solar energy capacity. These defective modules may not be able to produce as much electrical power as they are meant to, meaning that China could miss its…

Read More

Solar energy sector is heating up in China

Favorable policies encourage companies to invest in solar energy The Chinese government is taking steps to improve the investment and regulatory environment in the solar energy sector. The country has a strong interest in solar power and how it can be used to reach a higher level of sustainability and economic growth. New policies coming from the government are encouraging Chinese companies to throw more support behind solar power projects that show promise. Hareon Solar is one such company. Hareon Solar to invest nearly $1 billion in a new solar…

Read More

China to double production of solar energy systems by 2017

China continues to lead the world in solar panel manufacture In 2013, China established a new world record in terms of installed solar energy capacity. It was the first time that the country had lead the world in solar power installations and the manufacture of photovoltaic products, but China is not satisfied with its accomplishments in the clean energy field. While the country currently accounts for a staggering 64% of global solar panel production, it is looking to find more success in this field in the coming years. GTM Research…

Read More

New partnership aims to expand solar energy in the UK

ZNShine and Map Environmental join together for 400 MW project in the UK ZNShine, one of China’s prominent manufacturers of solar panels, has begun working with Map Environmental, an installer of solar energy systems based in the United Kingdom. Together, the two companies aim to build a 400 megawatt solar pipeline in the United Kingdom. The project coming from these two companies is valued at approximately $600 million and may help spark economic activity in both China and the UK through the creation of new jobs. Project aims to bring…

Read More

New fund established to support growth of solar energy in China

Yingli Solar forms new partnership to support solar power China’s Yingli Solar, one of the world’s largest manufacturers of photovoltaic products, has announced that it has entered into a new partnership with the Shanghai Sailing Capital Management Company, which manages the Shanghai Sailing Capital Investment Fund. The partnership is meant to increase the investments that Yingli Solar’s projects receive in China through the creation of a renewable energy fund. The capital that populates this fund will be managed by both Yingli Solar and the Shanghai Sailing Capital Management Company. China…

Read More

China gains momentum with its renewable energy endeavors

China is closing in on the US when it comes to clean power China has managed to narrow the gap between itself and the U.S. on the renewable energy front, according to analysis from EY, a leading professional services organization. The analysis shows that China has managed to close the gap after a very successful year in terms of installed solar capacity. While the U.S. maintains a lead over China in the renewable energy space, China has managed to outpace other large countries that have been focusing on clean power,…

Read More

China has big plans for solar energy

National Energy Administration announces new goals for solar power China is expected to be the leading solar energy market this year due to a new initiative from the country’s National Energy Administration. The agency has announced that it has set an ambitious goal for domestic solar power capacity. The country has been working to bolster its use of solar power for some time and has made major progress toward a future that is less dependent on fossil-fuels. Renewable energy has become a priority for China as the country continues to…

Read More

Chinese solar energy joint venture continues to reach new milestones

Joint venture boasts of more than 100MW of installed capacity A joint venture between Yingli Green Energy and Hainan Solar Power, two of China’s prominent energy companies, has seen more than 100 megawatts of new solar energy capacity installed since 2009. The joint venture encompasses several solar energy projects that have been developed throughout China. Hainan Solar Power owns all of the facilities that are associated with the venture while Yingli has provided the solar panels and other technologies that these facilities use to generate electrical power. Solar power projects…

Read More