Hong Kong-based solar cell manufacturer Goldpoly began generating power via its two new PV power plants with a respective capacity of 100 MW and 10.8 MW.
The 100 MW PV plant, owned by Goldpolys wholly-owned subsidiary China Merchants New Energy Holdings Ltd., went online this month in Gansu Province in northern China. The plant, which covers a total area of 2.6 square kilometers, will generate an estimated 143,720 MWh of electricity per year, which offsets the annual emission of approximately 125,036 tons of carbon dioxide.
The State Grid Corporation of China will buy all the electricity generated by the plant.
Goldpoly also unveiled another PV project in June with a capacity of 10.8 MW, located in Fujian Province in southeastern China. Around 46,960 polysilicon modules on the vacant land and the rooftops of buildings of the Goldpoly Science & Technology Park are expected to supply about 105,160 MWh solar power annually.
As a user-on-grid PV project, it produces electricity for the company's manufacturing and offices. The surplus power will go directly into the State Grid.
"In order to reduce the influences from the recent trade disputes, a raft of measures will be unleashed by the government to stimulate domestic demand for the PV sector, which actually offers great opportunities for all Chinese PV players," said Shi Dinghuan, the counselor of the State Council and the president of China Consulting Association.
He further added that innovations would remain one of the keys to future development for companies like Merchants New Energy, while large-scale PV projects would remain a main focus.
Clenergy and CGN Solar Energy, meanwhile, are developing 118 MW of solar projects in the southern Yunnan Province as part of an investment and development agreement with Yunnans Binchuan County.
According to the agreement, Clenergy and CGN, part of the China General Nuclear Power Group, will progressively develop solar energy in Binchuan "according to local economic development demands, regional market factors and national industry policies."
With an estimated investment of CNY 1.2 billion ($195 million), the two partners will set up a local project company dedicated to the planning, construction, operation and other EPC services for the new project. The agreement envisions two sites, with 18 MW of production in Jinniu Town and 100 MW in Daying Town. The first phases of both projects are expected to begin construction in 2014 and the projects will be operational by the end of 2015.
The agreement comes on the heels of a 300 MW project agreement with the Yunnan city of Lijiang, which the two companies signed in March.
Binchuan enjoys long hours of sunshine and strong solar radiation, making it an ideal location for solar power development.
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