Yingli to supply 96MW for Jasper
Deal for 325,000 PV modules for project in South Africa's Northern Cape
Yingli Green Energy is to supply 96MW of PV modules for the Jasper project in South Africa's Northern Cape.
The scheme, which will be one of the largest in the nation, will feature more than 325,000 of the company’s YL295P-35b multi-crystalline modules covering 180 hectares.
SolarReserve is developing the project for Jasper Power Company and a consortium formed by Iberdrola Ingenieria and South African outfit Group Five has been selected to build the plant.
Yingli Green Energy chairman Liansheng Miao said: "This project is a major milestone in our strategy to bring affordable green energy for all into emerging markets such as Africa."
Jasper was one of eight PV facilities and seven wind farms selected by the South Africa Department of Energy in May 2012 in the second round of bids under the South Africa Renewable Energy Independent Power Producer Procurement Program. The REIPPP is aiming for a total capacity of 3725MW through five rounds.
Figures out today, meanwhile, reveal Yingli’s net loss widened in the first quarter of 2013 to $98.5m. This compared with £46m in the same period of 2012. The company blamed the performance on lower revenues and higher operating costs.
Total net revenues were $431.4m against £513.56m in the same period last year. PV module shipment decreased by 6.4% from the final quarter of 2012 but Yingli said it was still confident of meeting its full-year shipment guidance of 3.2GW to 3.3GW.
Image: the scheme will cover 180 hectares (Yingli)