The worlds largest vertically integrated PV module manufacturer, Chinas Yingli Solar, has reached 20% market share of Jordans blossoming solar industry with this weeks news that the company has now shipped more than 1 MW of PV modules to the country.
The Kingdom of Jordan has set an ambitious target of 600 MW in installed solar capacity for 2020, with Yingli Solar one of the early movers in a market that, like many of its Middle East neighbors, is filled with untapped potential.
"We are delighted to develop strong partnerships with Jordans leading solar energy companies and have shipped more than 1 MW of PV modules to this new market in a short period of less than one year," siad Yingli Solar CEO and chairman, Liansheng Miao. "The Middle East has a huge potential for solar adoption because of its abundant sunlight resource, and we are aiming to achieve more development opportunities in this region through our advanced technology, high quality products, strong brand recognition and professional experience in manufacturing and marketing."
Jordans Master Strategy of Energy Sector set the 600 MW target in 2007, and has since updated the nations energy law to allow investors to develop grid-connected electricity through new renewable energies, including solar.