Jolywood Joins Hands with Golden Invest to Develop Australian Solar Projects

Energy Press Releases Wednesday March 21, 2018 14:54
TAIZHOU, China--21 Mar--PRNewswire/InfoQuest

Jolywood (Taizhou) Solar Technology Co. Ltd ("Jolywood" or "the Company"), a leader in the research, development, and mass production of N-type bifacial solar cells, has signed a cooperation agreement ("the Agreement") with the Australian solar company Golden Invest Pty Ltd. The cooperation marks a further step for Jolywood in penetrating the Australian market by providing local energy projects with N-type bifacial solar cells.

Per the agreement, Golden Invest will develop power projects with a total capacity of 100 MW in Australia, which will exclusively utilize N-type bifacial solar modules manufactured and supplied by Jolywood. The N-type Bifacial Solar Cells meet their requirements, as they bolster stronger resistance to LID, maintain better performance under weak illumination and have a lower cost compared to other options such as P-type modules.

Cao Xiaorong, General Manager of Jolywood Overseas Sales, said, "We are thrilled to work with Golden Invest, which has rich experience in developing solar power projects in Australia. This partnership is yet another recognition of the quality and value of our N-type bifacial solar products from a global company."

Jolywood and Golden Invest have successfully collaborated before. The first project that they completed together in Renmark, SouthAustralia, generates 248 KW of electricity using Jolywood's N-type bifacial solar cells. Based on the actual amount of power generated and other performance data tracked, the modules deliver high efficiency with longer power generation time and better performance in weak light condition. Mark Yates, General Manager of Golden Invest, has expressed great confidence in the future sales potential for the N-type bifacial solar modules in the Australian market.

Golden Invest is a leading Engineering Procurement Construction (EPC) company that also invests and develops solar energy and energy storage in Australia. Its director Mark Yates has 14 years' experience in project development and management. By the end of 2017, Mark Yates had successfully accomplished the development, design and installation of projects delivering a combined capacity of 200MW.

Jolywood has been actively exploring international markets in recent years. Apart from this Agreement, it signed a distribution agreement with IMI Industry in Thailand last year and just entered into a business partnership with Solar Systems from Ukraine. "We hope, through more global cooperation opportunities, that we can help more communities and people build a greener future," said Cao.

About Golden Invest Pty Ltd.

Golden Invest Group is a pioneer investing company specialized in renewable energy. The company is based in Adelaide, South Australia. It has built close relationships with local councils and SAPN (South Australia Power Networks). Golden Invest started a joint venture company Green Gold Energy with Yates Electrical Services, which had more than 10 years' experience in solar energy. Green Gold Energy is specialized in solar PowerStation EPC. It has opened grounds and shaped the SA solar industry. Golden Invest currently holds numerous solar projects and has more than 20 on-going solar projects in its subsidiaries. Golden Invest is a young yet experienced and fast-growing company. It is leading the industry and will continue to for the next decade.

About Jolywood (Taizhou) Solar Technology Co. Ltd.

Jolywood (Taizhou) Solar Technology, a wholly-owned photoelectric technology subsidiary of Jolywood (Suzhou) Sunwatt Co. Ltd., is engaged in the research & development, production and marketing of solar cells, solar energy, silicon, and technical advisory services. The company has been accumulating new technologies since its founding and has applied for over 60 patents to date, with 23 of them having been successfully granted. Founded in 2008, Jolywood (Suzhou) Sunwatt Co. Ltd. is the largest professional manufacturer of PV backsheet worldwide, with an annual production capacity of over 100 million meters. The company also tops the global solar industry with 2.1GW in manufacturing capacity of N-type bifacial solar cells.

For more information, please visit: http://en.jolywood.cn/
Photo - https://photos.prnasia.com/prnh/20180321/2085533-1
Caption: Jolywood N-type Bifacial Solar Project in Australia

Latest Press Release

Photo Release: PTT Group joined Petroleum Refining Industry Club of F.T.I. Forecast 2019 Oil Price

Mr. Chansin Treenuchagron, President and Chief Executive Officer of PTT Public Company Limited (center), presided over the opening ceremony of 2018 The Annual Petroleum Outlook Forum: "Future Energy Moving Together". The Petrochemicals and Refining...

GW Electric Installs first Premolded Dry Type Outdoor Terminations in Asia-Pacific Region and United States

G&W Electric recently installed the first 138kV Python(R) single-piece, premolded dry type outdoor terminations in Malaysia, Philippines and Ansonia, CT. To meet the growing demand for regional grid efficiency and modernization, the 138kV Python...

PTT Group and Petroleum Refining Industry Club of F.T.I. Forecast Oil Price of 2019

Petrochemicals and Refining Integrated Synergy Management (PRISM) and Petroleum Refining Industry Club of Federation of Thai Industries forecasted that Dubai crude oil price in 2019 would be around 70 – 80 USD/bbl. Factors that should be closely...

WHAUP and ZF Lemforder Sign the agreement to Install Solar Rooftop

WHA Utilities & Power PLC received an agreement from ZF Lemforder (Thailand) Co., Ltd. to install Solar Rooftop on ZF's factory at Eastern Seaboard Industrial Estate (Rayong) with a capacity of 0.8 MW. Mr. Thinus Steyn (middle right), Head of Region...

Seraphim Solar Secures 80 MW Supply Agreement in Vietnam

Jiangsu Seraphim Solar System Co., Ltd. ("Seraphim") recently signed new landmark supply agreements for two separate PV projects totaling 80MW in Vietnam. The Solar farms are a joint venture project of AMI Renewables of Vietnam and AC Energy of the...

Related Topics