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Chinese firms join forces to develop 50MW solar energy plant

JinkoSolar and Three Gorges New Energy sign contract for PV project in China's Gansu Province

50MW of PV modules will be supplied for the solar energy project in China

Chinese firms are working together to develop a 50MW solar plant in the BRIC country. JinkoSolar, a leading global solar power product manufacturer, has won a bid from renewable energy firm China Three Gorges New Energy Corporation (CTGNE) to supply 50MW of solar modules for the PV power plant in Gansu Province.

Zhengfeng Yang, project deputy general manager of Three Gorges New Energy, said: “Our goal is to drive China’s future in renewable energy, and in particular solar power which has proven to be one of the most feasible and eco-friendly solutions. We feel excited to work with JinkoSolar to make electricity from solar power more competitive and economical.”

“We are very pleased to be working with Three Gorges New Energy to deliver cost-competitive solar power on 50MW scale.” said Xiande Li, chairman of JinkoSolar. “By combining our high-efficiency solar technology and CTGNE’s experience in financing and management of clean energy projects, we are confident that this project will maximise the solar energy generated over the span of system’s life. The increased amount of electricity being generated from renewable energy sources, from solar in particularly, will gradually change the Chinese energy portfolio.”

“This strategic partnership with Three Gorges New Energy will further strengthen the company’s position in China’s renewable market. We look forward to future cooperation between our two companies including joint exploration of hybrid solar-wind solution projects with them,” added Xiande Li.

CTGNE is a wholly-owned subsidiary of China Three Gorges Corporation (CTGC), which is one of the largest state-owned power corporations in China, with more than RMB300bn in assets. CTGNE specialises in renewable energy investment and operations, including wind and solar, as well as other clean energy technologies. CTGNE has been recently developing solar power plants.

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