JA Solar, MEMC to build photovoltaic plant
JA Solar and MEMC said they will form a 50-50 joint venture to build a 250-megawatt facility at JA's site in Yangzhou to make solar cells, which are put together to create solar panels.
The solar industry is coming off its biggest year ever in sales, and companies around the world are spending heavily to increase their production capacity and grab a larger share of the market.
The plant is expected to begin commercial production in the second half of the year, and could eventually grow to a production capacity of 1,000 MW.
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Switch from fossil fuels to electricity could cost $1.4 trillion, Canadian Gas Association warns
TORONTO - The Canadian Gas Association says building renewable electricity capacity to replace just half of Canada's current fossil fuel-generated energy could increase national costs by as much as $1.4 trillion over the next 30 years.
In a report, it contends that growing electricity's contribution to Canada's energy mix from its current 19 per cent to about 60 per cent will require an expansion from 141 gigawatts today to between 278 and 422 GW of renewable wind, solar and storage capacity by 2050.
It says that will increase national energy costs by between $580 billion and $1.4 trillion between 2020…
