China Industry: Jul. 29

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Jul. 29 – This is a regular series of relevant industry news from around China.

Solar power
Canadian Solar said it had received ISO/IEC17025 accreditation for its photovoltaic (PV) reliability testing center in Changshu, China. The center gained the accreditation from China National Accreditation Service for Conformity Assessment, which is solely responsible for the accreditation of certification, laboratory and inspection organizations in the country.

Canadian Solar’s Changshu testing center has a total combined indoor and outdoor testing space of more than 2,000 square meters. It is equipped with test equipment, such as walk-in climate chambers, mechanical load and hail testers, pulse and continuous solar simulators, electroluminescence testers and infrared cameras to test every aspect of module quality and reliability. All tests are handled following the procedures and standards set out for IEC61215 and IEC61730-2.

Taiwanese silicon solar wafer manufacturer Green Energy Technology  intends to invest up to TWD530 million in a solar power plant in Spain, in an effort to strengthen presence in Europe. In a filing with the Taiwan Stock Exchange the company unveiled Tuesday that its management board has approved the project, to be developed with a Spanish partner. The name of the local partner was not disclosed.

In order to secure financing for the project, Green Energy Technology said it will raise funds through a global deposit receipt issue and bank loans.

Chinese PV product manufacturer Yingli Green Energy announced the establishment of coastal U.S. headquarters in New York City and San Francisco. The move is aimed at expanding the North American customers base and forming new partnerships across the region. The company’s East Coast headquarters will be located in Manhattan, New York City.

The new office will also serve as a direct link to the financial community targeting renewable investments. Meanwhile, the West Coast headquarters in San Francisco’s financial district will provide support to customers throughout the procurement, installation and operation stages of solar modules.

Aiming to strengthen Yingli Green Energy’s presence in North America, the company has also set up a wholly-owned subsidiary, dubbed Yingli Green Energy Americas Inc. The new entity will be led by Robert Petrina, an expert in international business development in the photovoltaic industry.

Chinese solar wafer maker Renesola announced that it would develop a 500 MW on-grid solar power project in the eastern province of Jiangsu in China. The company has entered into a letter of intent (LoI) with the Yancheng city government for the project, considered as one of the largest of its kind in the country to date. The utility-scale PV facility will comprise ground-mounted system applications and a 10 MW rooftop installation. The project is expected to be built in six years.

Besides the Jiangsu project, Renesola will also develop a five MW rooftop array, under another LoI, signed with the Panzhihua government in the southcentral Sichuan province. The agreement binds the company to deploy a 600,000 square meters PV installation on a new or existing government buildings. Solar wafers manufacturer noted that both projects are subject to feasibility studies and approvals by various government authorities.

New York-listed multicrystalline solar wafers maker LDK Solar said it has acquired a 70 percent stake in Italian systems integrator Solar Green Technology SpA for undisclosed sum. The takeover of the controlling interest in Italian company is expected to strengthen the Chinese company’s presence in Italian PV sector.

Meanwhile, Solar Green Technology believes the move will enable the company to grow through its involvement in several LDK Solar’s projects in Italy and Europe, Giuseppe Truglio, one of the Solar Green Technology’s founders said. Italian system integrators of turnkey PV plants, Solar Green Technology will provide project opportunities and technical support for PV projects to LDK Solar.

Air transport
ARJ21, the first passenger jet developed in China, completed its longest test flight of 1,300 km from Shanghai to Xian. The trial flight lasted approximately two hours.

Shanghai Airlines has received its first order of the A321 Airbus aircraft at an official event in Hamburg, Germany. Initially, the airplane will fly on domestic routes.

Shenzhen Airlines and Yunnan CITI Technology Equipment Project intend to build a holiday hotel in Shangri-La Avenue, Lijiang, Yunnan Province.

Hainan Airlines and Xiamen Airlines have filed applications with Taiwan’s Investment Commission seeking approval to establish branches in the country. Before that, China Southern Airlines, also submitted an application. Air China is also expected to apply for permission in the near future.

Viva Macau Airlines plans to fly daily to Ho Chi Minh City, Vietnam. Until now, the company operated four weekly non-stop flights on that route.

Dragon Airlines Limited, a subsidiary of Cathay Pacific said it had named James Tong chief executive officer. Tong replaces Kenny Tang.

Wind power
U.S.-headquartered Navajo Wind Energy has entered into a wind turbine manufacturing supply agreement for the delivery and commissioning of 53 750 KW wind turbines to China Lao Gaixian Wind L.P. for its 120.80 MW wind farm project in Liaoning Province,China. The agreement is estimated at US$65 million.

This industry report brief is courtesy of Aii Data Processing.