SunEdison, a major subsidiary of MEMC Electronic Materials (WFR) has announced that is has signed a non-binding memorandum of understanding with a local government in southeastern Korea for the establishment of up to 400MW in solar plants on public land and rooftops.
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The government would aid MEMC in securing in locating land and securing the necessary permits. Assuming all goes according to plan, the … Read the rest
Yesterday, Canadian Solar (CSIQ) announced an expansion of the original MOU signed with LG CNS of South Korea last April. The add on MOU potentially adds another 10MW of solar projects in South Korea for next year. The country is putting the pieces in place to expand its renewable energy initiative with a Feed in Tariff and portfolio standard program. FIT programs set renewable energy prices at above market rates while portfolio standard programs require … Read the rest
Canadian Solar (CSIQ) announced this morning that it signed a new sales agreement with Korean systems integrator, Topinfrasolar which expands their current agreement by 5MW. The contract calls for deliveries of both regular and e-Modules for Korean installations this year, expanding upon the initial 3MW relationship that began earlier this year.
Dr Shawn Qu, Chairman and CEO said: “Topinfrasolar is a leading systems integrator in Korea with an excellent market reputation and particular strength in … Read the rest
Yingli Green Energy (YGE) today announced the signing of 5 new contracts to supply an aggregate of more than 7MW of PV modules all to companies in Korea.
"We are pleased with the success that we have had so far in building our business in Korea and these new contracts clearly demonstrate continued progress in extending our global presence," commented Mr. Seok Jin Lee, Chief Operating Officer of Yingli Green Energy. "In a relatively short … Read the rest