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China Solar Panel company Suntech offers deal to South Africa

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One of China’s largest solar panel producers have offered to supply 100MW of it’s photovoltaic modules for two projects in South Africa.

Suntech is currently going through troubled times as it’s latest earnings report showed a dramatic drop due to a fraud case which meant the company has had to restate it’s 2010 results.

The deal is for 2 sites in the Northern Cape of South Africa, with Mainstream Renewable Power, and is being built by Siemens, using Suntech’s V series modules.

When in operation in mid-2014, the solar farms will generate 180 GWh of electricity, enough to power 15,000 homes and offset approximately 180,000 tons of carbon emissions a year.

South Africa’s Renewable Energy Independent Power Purchase Agreement have granted the licences which are some of the first solar developments to be allowed, and the agreement aims to see 1.45 GW of solar power by 2014 and 8.2 GW by 2030.

Chinese rival firm Hanwha SolarOne have also secured an agreement with Cobra, Gransolar and Kensani for 155 MW of solar modules.

The solar modules will be used in the Letsatsi and Lesedi projects.



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