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1,100 MW Solar PV Project Now Under Construction In China
http://cleantechnica.com/2014/03/14/commission-1-1-gw-pv-solar-project-commenced-china/The development of a huge 1.1GW solar power plant project in China’s Gansu Province has begun, with China-based solar manufacturer and developer, China Singyes Solar Technologies Holdings, announcing the commencement of the 300MW ‘first phase’ in Hongshagang Industrial Park in Minqin County, Wuwei.
Development of the 1.1GW PV plant was announced by Singyes in December last year, as part of a broader deal with the Minqin County government to establish an environmental industry and clean energy development zone, including a solar R&D base.
This 300MW first phase of the solar power plant is expected to be completed by the end of 2014, and have an average annual power generating output of 480 million kWh. The overall project has a planned construction period of five years.
Singyes, which is listed on Hong Kong’s Hang Seng Index, has been enjoying a good run, lately – last week bucking a broader market slump to hit a record high at $HK12.58 during the Friday session.
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