New solar energy company opens in Sydney
China’s quiet achiever makes mark on energy’s new frontier SMH, August 10, 2013 Peter Hannam Carbon economy editor “…….Yingli Green Energy, has knocked Suntech off its rank as the world’s biggest producer of solar photovoltaic panels and its breakneck growth – along with an array of other Chinese firms – has driven PV prices down by about three-quarters in four years.
“He’s China’s Richard Branson,” said Daman Cole, commercial director of Yingli Solar, speaking of his boss at the opening of the company’s Australian office this week in Sydney……..
The opening of the Sydney office is also part of Yingli’s search for new markets. The company aims to grab 10 per cent of the Australian market within a couple of years, with a focus on commercial customers. Orders secured include a 1.25-megawatt deal to supply the panels for 30 buildings for the City of Sydney worth $3.4 million, while it has also signed a distribution pact with L&H Group, a major electrical wholesaler in Australia and New Zealand.
Solar-powered smartphone batteries and broader “energy solutions” with customers are expected to feature in the future…… http://www.smh.com.au/business/chinas-quiet-achiever-makes-mark-on-energys-new-frontier-20130809-2rn5n.html
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