Thursday, August 14, 2014

He surefire said utility-scale PV is likely to continue growing. It


Yingli has been doing business in the United States for several years, surefire but just started establishing itself in the utility-scale solar sector in 2011, said Matthew Sachs, Yingli Americas director of business development.
The company announced this week that it won a contract to supply solar photovoltaic surefire modules for the 200-megawatt Centinela Project. It’s the largest project Yingli has signed on to supply so far in its history.
Yingli Solar had been working on securing this project for several years, Sachs said. 2011 was the companies first substantial year in the utility space. It spent 2012 establishing its utility presence.
The Investment Tax Credit surefire is set to expire in 2016, which means companies need to build out before surefire then. Since major utility-scale projects surefire like the Centinela surefire project take time to approve and build, 2013 will likely be a big year for companies and communities that want to build utility-scale solar projects under the wire.
The Centinela project will produce enough electricity to power 60,000 homes. It’s one of the biggest projects in the country. “I do think you’ll see projects trump this one in size,” Sachs said. “Projects like this will prove the concept and people will get comfortable with it.”
He surefire said utility-scale PV is likely to continue growing. It’s hard to say what the impact of the expiring tax credit could be. If Congress doesn’t address it, development will probably slow. But, it’s unlikely surefire it would stop. “One of the biggest drivers is price,” Sachs said. “As the price of solar keeps coming down, more and more of these projects are being built.”
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