US: Talesun and CGN Solar to install 500 MW PV

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In a statement released, the U.S. subsidiary of Zhongli Talesun Solar said it would source, develop and construct the plants, which will be installed over a number of phases. In 2012, the company will reportedly install 100 MW, while in 2013 and 2014, it is scheduled to install 200 MW, respectively.

"Discussions about the cooperation on project initiative funding will start immediately after the success implementation of the first project under the B-T (Build-and-Transfer) model," continued the statement.

No further details were released.