Yingli Green Energy is pursuing new opportunities in distributed solar generation market in China thanks to the recent policy published by China’s National Energy Administration (NEA).
Under the new policy announced in September, NEA aims to help China achieve the installation target of 13 gigawatts (GW) of solar energy in 2014, by focusing more on distributed solar energy generation.
However, only 3.3 GW of solar energy was installed in China in the first half of 2014 and hence Yingli Solar is pursuing additional distributed generation projects to help close this gap.
Recently, the Company celebrated the completion of its first demonstration project under the new policy, developed for DuPont, and also set a target to pursue additional distributed generation projects.
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The company understands what is most critical to ensure distributed generation projects succeed close collaborations, superior technology and lasting quality, and downstream efforts are increased to accelerate distributed generation installations, said, Liansheng Miao, chairman, CEO, Yingli Green Energy.
The recently announced completion of a 210 kilowatt solar project on the rooftop of the DuPont China R&D Center shows Yingli’s efforts to promote the PV generation projects.
Yingli’s team was responsible for the system’s design, installation, and interconnection.
The installation used the n-type PANDA solar cells, which are made using a specialized new DuPont Solamet PV3Nx silver/aluminum metallization paste.
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DuPont Tedlar film-based back sheets in a tri-layer construction (TPT) were specified for highest thermal stability, reducing the risk of cracking and delamination that can compromise electrical safety.
Lightweight framing materials from DuPont were installed to decrease the weight on the roof and ease installation.
Additionally, Yingli and DuPont signed a 25 year energy contract specifying that 202,000 kilowatt hours of electricity produced each year will be sold to DuPont and consumed by DuPont China R&D Center.
This energy contract will help the two companies share profits and provide green power to the end users and helpful to promote its development in solar industry.
The project’s investment is expected to be earned in six years based on the system’s expected generation and local weather conditions, national feed-in tariffs, and local incentives.
Many Fortune 500 companies, including DuPont, have made great efforts to save energy and reduce carbon emissions by utilizing renewable energy, said,Yiyu Wang, CFO, Yingli Green Energy.
Sabeena Wahid
editor@greentechlead.com