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Wednesday, December 19, 2012

BYD supplying Solar Panels to South Africa

BYD Company Limited, one of the world’s largest energy solution suppliers announced that BYD will supply 110MW of solar modules – a total of around 458,000 solar modules to South Africa for two projects. By contributing 75 MW to one of the largest solar stations in South Africa and also the largest project of BYD, BYD has supplied continually solar modules to Africa since November. The total 110MW solar projects are under the South Africa’s first Renewable Energy Independent Power Producer Programme (REIPPP). BYD also will continue to support the project developers development South Africa phase II and phase III projects.
Tom Zhao, General Manager of BYD’s PV Department, stated: “South Africa is heading down the road of becoming one of the leading countries in the solar energy realm, and we’re glad to have joined this journey. Our latest important project with partner is the REIPP (Renewable Energy Independent Power Producer Procurement Program) in South Africa, and that project will help satisfy the demand for energy safety there. The large-scale solar energy PV power plant is the key to achieve economies of scale and lower the costs of mass solar energy power.”

According to BYD, it will further increase its efforts to open up emerging markets including Africa and get more cooperation with the project developers and the local governments. In the future, BYD will continue to lead the new energy revolution and help more countries in the world to get rid of oil pollution problems and relevant economic problems.

About BYD

BYD is ranked #1 at the top of Bloomberg’s and BusinessWeek’s 2009 Tech 100 List (http://www.businesswire.com/news/home/20100520006751/en/BYD-Tops-Bloomberg-Businessweek%E2%80%99s-12th-Annual-Tech) and is the leading manufacturer of advanced, environmentally-friendly battery technologies like the BYD’s Iron Phosphate battery used in BYD electric vehicles and electric busses. BYD’s solar panels and LED Lighting systems have CEC, TUV/CE and UL listings, and the company enjoys rapid growth inconsumer electronics space and electrified transportation sector manufacturing under its BYD brand. BYD is the fastest-growing Chinese automotive and green energy technology enterprise. The Company trades on the Hong Kong Exchange (HKE) under the ticker numbers (HK.0285 – BYD Electronics) and (HK.1211 – BYD Company Ltd.), as well as on the Shenzhen Stock Exchange under the ticker number (002594 – BYD Company Ltd.). For more information, visit www.byd.com, www.facebook.com/bydcompany or email pr@byd.com.

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