32 / 46
wiredInUSA - January 2015
32
Yingli Green Energy Holding Co Ltd, known
as Yingli Solar, has revealed that its wholly
owned subsidiary, Yingli Green Energy
Singapore Co Pte Ltd (Yingli Singapore), is
to collaborate with Kasikornbank Public Plc
(KBank), Huawei Technologies Co Ltd and
Solventia Solar Energy Co Ltd to deploy
solar power in Thailand. The recently signed
memorandum of understanding shows the
companies plan to jointly provide turnkey
solar power solutions for both power
plants and distributed generation projects
throughout the country.
“Yingli’s collaboration with KBank, Huawei
and Solventia Solar Energy is designed to
accelerate solar power’s expansion in
Thailand by simplifying PV deployment for
power suppliers and consumers. As industry
leaders, our companies’ cooperation will
help establish Thailand as an innovative
regional leader in the transition to a clean,
low-carbon future,” said Ms Angie Koh,
managing director of Yingli Singapore.
With Thailand’s strong year-round solar
irradianceand risingdemand for electricity,
the Thai government has established a
target of 3GW target for total solar power
capacity by 2021, and to meet at least
20 percent of its energy demand with
renewable resources by 2022.
Joint solar venture
Major Taiwanese wire rod producer Yieh
Hsing has cut its list prices for carbon steel
wire rods for December. The company
decided to reduce its prices for Al-killed
wire rods and rimmed wire rods by around
$18 per tonne.
After the announcement, its list prices for
Al-killed wire rods were around $620 per
tonne, with rimmed wire rod at $610 per
tonne. Prices for blast furnace killed wire
rods will be fixed on order.
Wire cuts
PRICES