Belmont, CA /PRNewswire/ –Pursuant to their mission to be a top solar project developer, SunEdison (NYSE: SUNE) in an announcement today confirmed that the company has formed a solar project partnership with the reputable Chinese PV wafer manufacturer, Huntai Group. With a goal of 1.7 GW of collective and collaboarated projects, both companies are very much optimistic that this project partnership will be the key to long term agreement that would put both companies in the frontlines of growth in the Chinese solar industry.
(Image Source: www.sunedison.com)
The Strategic Solar Partnership Plan
As of this solar project partnership agreement once solar requirements are determined, Huntai Group shall aide in the mass production of PV solar wafers from the polysilicon provided by SunEdison from its production plant in Korea to produce high quality PV solar panels for installation in commercial and consumer needs in China. SunEdison Renewable Operation Center(SunEdison ROC) shall then provide an assistance desk for everyday 24/7 monitoring and analytics of the solar power plant.
Solar Project Partnership is Key
As with any great team, mutual interests will help these companies reach their goals and assist them attain their position in offering their solar related products and services to key markets worldwide. Both companies have been bold in their statements about what the confidence they have regarding this solar project partnership.
“This expanded partnership is a great step forward for SunEdison as we continue our growth in the Chinese market. China has become one of the world’s largest and most important solar markets and this agreement with the highly respected Huntai Group positions both companies for rapid and profitable growth.” -Ahmad Chatila, President and CEO of SunEdison.
“SunEdison is a long-term partner for our company, and we are honored to work with them to expand the positive impact of solar energy across China. This partnership is mutually beneficial for all involved, and we look forward to completing our near-term projects, and launching our long-term efforts together.” – Wang Lu Bao, Chairman of the Huntai Group.
“This long-term partnership to supply polysilicon and other solar services is a testament to our continued commitment to quality and our ability to develop mutually beneficial strategic partnerships. Our strength in delivering value across the solar supply chain is once again allowing us to grow in a key international market.” -David Ranhoff, President of Solar Materials at SunEdison
The Future is Going Green
With the pioneering efforts of SunEdison in terms of developing large scale solar pv installations across the globe, now reinforced by the Huntai Group’s quality production of solar wafers considered for these projects -its not only the solar project partnership that will benefit from this venture. This will include millions of homes within Europe, America and some parts of Asia that SunEdison serves and will serve during the next coming years. With huge companies contributing largely on solar power production, the future is greener than ever for every home.
www.sunedison.com via PRNewsWire
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