wiredinUSA January 2015

PRICES

Joint solar venture

Wire cuts

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.

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.

wiredInUSA - January 2015

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