SUNOWE to construct 150 MW of PV plants as part of Chinese subsidy pilot project

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SUNOWE will build 150 MW of solar arrays on industry rooftops in the Marina industrial zone in China’s southeastern coastal region as part of a a new photovoltaic subsidy pilot program for a limited number of selected industrial areas recently approved by the Chinese national energy office.

SUNOWE, an experienced PV manufacturer and PV plant constructor, will initially build 49 MW of PV power plants by the end of 2013.

The new program will provide a subsidy of CNY 0.42 ($0.07) per kilowatt hour. Additionally, the province and government will contribute CNY 0.10 ($0.016) per kilowatt hour each. The project volume for the Marina industry area is budgeted at CNY 1.38 billion ($225.4 million). Chinese officials expect the pilot project to influence the further development of PV in China for general use.

"It is a great honor for our company to participate in this pilot project," said Qi Ruan, managing director of SUNOW’s European headquarters. "The trust offered by our government shows once more that Sunowe is one of the top players in the PV market."

SUNOWE, short for Zhejiang Sunflower Light Energy Science & Technology Limited Liability Company, focuses on the development, design and production of photovoltaic ingots, wafers, cells and modules.