Shanghai-based PV solutions provider SPI Energy has recently completed and successfully connected to the grid four PV projects for distributed power generation in three Chinese provinces.
The largest of the four projects is a 5 MW Hai’an rooftop PV project in Jiangsu province. The plant is comprised of 19,000 PV modules manufactured by SPI Energy and installed across the area of 49,000 square meters.
Another project, a 2 MW rooftop solar plant in Suzhou Industrial Park is also located in Jiangsu province. It utilizes 8,000 PV modules installed across a total surface area of 41,000 square meters.
A 1.8 MW rooftop PV project in Jiangxi province involved the installation of 7,000 PV modules, which are now covering a total surface area of 30,000 square meters in the Fuzhou high-tech industrial development zone.
The fourth project is a 4 MW Shouguang city solar plant in Shandong province. It is comprised of 16,000 modules supplied by SPI, and designed to provide electricity for a local 64-hectare large farmland.
According to the announcement, Solarbao.com, SPI Energy’s e-commerce and investment platform, provides financial leasing services for the four distributed solar projects. Through the online platform, investors were able to purchase the PV modules and kits used in the construction phase and lease them back for a fixed fee. Also, now, when the projects are already connected to the grid, Solarbao is offering its clients to earn an annual return by investing in the ongoing solar energy generation.