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China aerospace firm to invest $814m in building PV power projects

Shanghai Aerospace Automobile Electromechanical investment for plants in Ningxia region expands on previous 200MW solar project funding in China

SAAE said in developing the large scale projects, it aims to focus on solar plant efficiency

An aerospace firm in China is set to invest ¥5bn ($814m) to build solar power projects in the BRIC country. Shanghai Aerospace Automobile Electromechanical (SAAE) is looking to make the investment to construct solar PV plants across China's Ningxia region. The investment expands on the company funding the construction of 200MW of solar farms across Gansu and Ningxia last month.
SAAE said in developing the projects, it aims to focus on solar plant efficiency and durability. The company will also collect data from other solar facilities to source the best solar technology to develop and operate the plants.

"We care very much about product quality, especially concerning the solar panel's 25 year long life and (also its) solar panel efficiency" SAAE said. "We will collect plentiful data from solar plants and then feedback to our R&D which is vertical from silicon to solar panels.'

With this data, SAAE has said it will be able to "also evaluate the products actual ability used on solar plants (with) not only panels but also inverters, controllers and cables."

China companies have been building up solar power significantly in the BRIC country this year. This includes firm Hareon Solar, which announced plans to develop centres for PV and hybrid power projects in the Jilin and Shandong provinces back in January 2013.