Yingli and Namene form solar energy joint venture

Yingli Europe partners with Namene to form Yingli Namene West Africa Limited. Yingli Solar, one of the leading solar energy panel manufacturers in the world, has announced that its European subsidy, Yingli Europe, has formed a joint venture (JV) with West Africa-focused leading renewable energy solution developer, Namene. The new JV, which is known as Yingli Namene West Africa Limited, marks the Chinese manufacturer’s first investment in renewable energy projects in West Africa. Yingli Europe will be the joint venture’s preferred provider of solar panels. The goal of the JV…

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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)…

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By 2050 solar power could be one of the world’s cheapest energy sources

German experts say solar energy has a very promising future. Although solar power still makes up only a small share of net electricity production around the globe, if Berlin-based think tank Agora Energiewende is right, this source of renewable energy will play a much more important role in the future and could become a cheaper energy source than coal or gas. Cost has been the primary obstacle standing in the way of the widespread adoption of solar energy. Photovoltaic systems are not cheap and this is one of the major…

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