The Chinese solar company announced the signing of a number of strategic cooperation agreements in Lijiang. One of them will see Clenergy and CGN Solar Energy develop 300 MW worth of photovoltaic plants by 2015. RMB 3.9 billion (around US$631.5 million, 481 million) is expected to be invested in the project.
The two companies have also said they will assist the Lijiang government with its solar energy planning between now and 2020. While no specific details were shared, the major goals are said to be "bringing advanced solar technologies" to the city, and promoting residential and BIPV solar applications.
No further project details were released.