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MARKETNEWS
R&D for China’s
MEMC and
renewable energy future
Conergy settle
Underwriters Laboratories (UL) has solar and other renewable energy
litigation
signed an MOU with State Grid Electric sources, and this number will reach 15
Power Research Institute of China percent by 2010, proving the potential of
(SGEPRI) to advance research and the China renewable energy industry. MEMC Electronic Materials and
development in China’s renewable German solar developer Conergy
energy and power distribution industries. The Renewable Energy Law of PRC have reached an out of court
According to the agreement, UL will work (Amendment), adopted in December settlement of a lawsuit related to a
with SGEPRI to conduct necessary 2009, further stresses this ration. solar wafer supply contract between
research and help support the Conergy and MEMC Singapore.
advancement of photovoltaic “The application of renewable energy in
technologies and power distribution, China is coming to a critical point, so The terms of the amended contract
including inverters and converters. determining how to safely connect include a significant reduction in the
photovoltaic (PV) systems to the grid is minimum quantity of wafers that
“Underwriters Laboratories understands critical for China,” said Mr. Yi Hu, vice Conergy must purchase over the
that safety and reliability issues play a president, SGEPRI. “ The alliance gives remaining 8+ years of the contract, as
critical role in the way renewable energy us the tools we need to develop and well as a minimum market share
systems perform and ultimately influence achieve a set of world-class standards, commitment should Conergy’s
the continued development of renewable testing capabilities and technical demand exceed the reduced
energy,” said Weifang Zhou, vice evaluation for power grid connections of quantities.
president and general manager, UL renewable energy, and paves the way for
Greater China. the application of new and clean energy The amendment also modifies the
in China.” pricing terms to be based on market
China is developing its renewable energy rates similar to other MEMC long-term
9
infrastructure rapidly and ranks number Authorized by National Energy solar wafer supply agreements. The
one on installed capacity of hydropower, Administration, SGEPRI will establish a settlement includes a payment to
www
solar water heater collector area and National Solar Energy R&D Center, and MEMC of an undisclosed amount.
.solar
photovoltaic power generation capacity. undertake responsibilities including
In 2007, the Chinese government standards development, testing “This agreement provides the
-pv-management.com
mandated that at least 10 percent of its capabilities, technical evaluation & foundation for a strong strategic
energy capacity be generated from wind, certification, and training. relationship with Conergy,” said Ken
Hannah, President of MEMC Solar
Materials. “In addition to resolving the
PV shipments in 2009 grew more
litigation and resuming shipments, we
have also agreed to work together to
than expected
facilitate large projects in the future.
Issue I 2010
This cooperation should help generate
The photovoltaic (PV) market “grew growth for both companies and
substantially” last year, with module leverage the capabilities MEMC
shipments increasing by over 25 per cent obtained with our recent acquisition of
to more than eight gigawatts, a new SunEdison.”
report has revealed. IMS Research’s The
World Market for PV Cells and Modules “This is a very positive development
found that new installations grew by for Conergy,” added Conergy’s CEO
between five and ten per cent. Many were “In addition, we’ve seen that a significant Dieter Ammer. “It frees us from a
surprised that shipments grew so much proportion of PV modules were shipped significant burden that was damaging
considering the lower volume at the start in quarter four in anticipation of an our competitive position, gives us
of 2009. unseasonably strong German market in greater business flexibility, and
the first half of 2010,” he stated. makes Conergy a much more
Explaining the gap between shipments attractive company.
and actual installations, Sam Wilkinson, A recent Frost & Sullivan report stated
one of IMS Research’s PV market that more small and medium-sized “MEMC has truly transformed itself into
analysts, said delays of up to two quarters organisations could soon be ready to a customer focused company, and we
are being witnessed between solar supply components in the solar cell are pleased to move forward with them
modules being shipped and being market to meet increased demand for as a strategic ally.”
connected to the grid. renewable energy.
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