Huadian wraps up 40 MW of solar in China

Share

It finished a 10 MW array in Shandong province, a 10 MW project in Zhejiang province and a 20 MW installation in Hebei province, according to a statement to the Hong Kong stock exchange.

The group owns 100% stakes in all three projects.

Its cumulative installed PV capacity now stands at 184 MW.

Huadian Power International recorded a net profit of 3.7 billion yuan ($540.3 million) in the first nine months of 2016, down 38.7% year on year.

In late January, it said that it expected to post a profit decline of roughly 47% to 57% in 2016. However, it has yet to release its full-year earnings.

The group, which has a dual listing on the Shanghai stock exchange, operates solar, wind, coal-fired and hydropower plants throughout China.

In 2015, it was one of several companies selected by the National Energy Administration to build the first 950 MW phase of a 3 GW “Top Runner” solar demonstration base in Shanxi province.

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: editors@pv-magazine.com.

Popular content

German authorities arrest Solar Fabrik CEO
18 July 2024 The German police have arrested Christian Laibacher, the CEO of German solar manufacturer Solarfabrik, in relation to an investigation by the Würzburg...