Astronergy Wins the Bid for a 2 MW Photovoltaic Project

This project is fully financed by China Energy Conservation Investment Corporation, and is Zhejiang Province’s first large-scale on-grid PV plant.

The industrial park is situated in the northeast corner of Hangzhou city, covering an area of 23.8 km2. The rooftop of the Green Science and Technology Hall will be among the first to incorporate building integrated PV (BIPV) technologies. Astronergy’s high efficiency tandem thin film PV modules with light transmission rate of 30% will be used for the Hall’s 58 m2 sunroof.

This thin film PV module is also highly resistant to harsh climate conditions such as strong winds and heavy rainfall. The Energy Conservation Hall on the other side of the industrial park will also employ Astronergy’s high efficiency thin film PV modules on its 265 m2 curved building wall.

Astronergy will design and install the entire project with a combination of crystalline silicon based modules and high efficiency tandem thin film PV modules This project will be completed by September 30th of 2009.

The Chinese government has put forth the Golden Sun program on July 22nd, 2009 to financially support the growth and development of the domestic PV market and industry. Under this policy, the government plans to finance at least 500 MW in various PV stations and projects in a two to three year timeline.

"This program will create many excellent opportunities such as this project to showcase Astronergy’s revolutionary new thin film technology, which will help us to differentiate ourselves and to establish our position in the industry." said Dr. Liyou Yang, CEO of Astronergy.

Astronergy Initiates 10 MW PV Project

Astronergy and its partners have formally launched the first 10 MW phase of a planned 100 MW solar photovoltaic power station in central China’s Ningxia Hui Autonomous Region. Initially covering two square kilometers in Shizuishan City in the arid Gobi Desert region, the project is expected to be completed within three years.

In response to ongoing local and regional government calls for the development of new energy resources, Astronergy (a member of the Chint Group) says it teamed up with a number of investment and technology partners to prepare proposals. After several rounds of consultations, demonstration initiatives, and inspections, the company’s power station won strong support from across the board.

Half of the project’s first phase will use Astronergy’s conventional mono- or polycrystalline-silicon PV modules, while the other half will employ the company’s new amorphous-silicon/microcrystalline-silicon tandem junction thin-film technology, which are manufactured using an Oerlikon Solar turnkey line.

Once fully built out, the power station will generate 100MW of clean, renewable electricity. Given the average daily of 2kWh per family per day in the region, the Astronergy arrays should provide adequate power for over 50,000 families.

Based in Hangzhou, Zhejiang, Astronergy claims to be the first Chinese company to mass produce second-generation a-Si/uc-Si TFPV. With 100 MW of c-Si module-making capacity already online, the company inaugurated its first 30 MW a-Si/uc-Si factory line in June and expects to reach 1GW production capacity by 2012. The company also recently raised $50 million in a global fundraising round.

About Astronergy

Founded in 2006, is based in Hangzhou, Zhejiang. The company is one of the first in the world, and the first Chinese company, to bring mass production of second-generation amorphous silicon/microcrystalline silicon tandem junction thin film technology (a-Si/uc-Si) to market. Astronergy is led by a global management team with a half-century of experience in thin film research & development. In June 2009, it inaugurated its first 30 MW a-Si/uc-Si mass production line, and expects to reach 1 GW production capacity by 2012. For more information, please visit its website

About China Energy Conservation Investment Corporation

China Energy Conservation Investment Corporation (CECIC), established by the Chinese government in 1988. Since its establishment, CECIC has committed itself to promoting energy-saving and environmental protection technologies and projects. CECIC has taken responsibility for the investment of 23 billion RMB in the national energy conservation fund for the basic construction projects, brought local investment of more than 30 billion RMB, promoted 13 major energy-saving measures, and has accomplished more than 3,000 large-scaled energy efficient and environmental protection projects.