China Finds New Funding Model to Allow Free Solar Panel Installation

Manny Salvacion for Yibada:  Singapore-based real estate investment firm Redwood Group has recently launched a 248-kilowatt (KW) pilot project in China. The company also signed a power purchase agreement with New York-based solar developer UGE International and its financing partner, Hong-Kong's Blue Sky Energy Efficiency Co. Under the Redwood deal, UGEI and Blue Sky would lease rooftop space from Redwood to operate solar panels and then sell the electricity back to Redwood, the building owner, at prices lower than grid rates. "The time is right now for solar on rooftop in China because the cost of putting a system on the roof is becoming much more attractive," said Tianyu Sieh, chief executive of Blue Sky. UGEI and Blue Sky have also partnered with real estate services firm Jones Lang LaSalle in China to offer the same model to its commercial clients.   Full article:

Records 1 to 1 of 1

Featured Product

Darfon G320 Microinverter

Darfon G320 Microinverter

The Darfon G320 is the microinverter solution for today's high-power solar modules. The G320 handles 60- and 72-cell modules up to 350W DC and outputs up to 300W AC. The G320's 3-phase configuration accommodates the electrical distribution systems of most commercial buildings and to reduce, if not eliminate, the need for expensive transformers. The G320 comes in four voltage/phase configurations, so it can be installed in residential, commercial or utility applications.