Xinyu Xinwei New Energy, a wholly-owned subsidiary of turnkey developer and EPC contractor SPI Solar, has signed an agreement with the government of Fenyi County in China's Jiangxi Province to build and develop a 50 MW PV project in the region.
Once completed, the facility is expected to be one of the largest utility-scale PV projects in Jiangxi.
As part of the agreement, the Fenyi government will provide certain guarantees and support to Xinwei for the project's construction and development phases in addition to offering certain incentives and other services for later phases and leading up to grid connection.
"China is one of SPI's key global focus markets in which to develop utility-scale PV projects, and while still in the early stages of growth, we believe China's installed PV market will mature into one of the largest globally within the foreseeable future," said SPI Chairman Xiaofeng Peng.
SPI is a subsidiary of LDK Solar.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: email@example.com.
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.