China To Launch 2-GW Solar Power Project

A large-scale contract has been signed between an American solar power company and a Chinese power systems producer in this respect.

It will result in the setting up of solar thermal power facilities on several locations in China that will produce more than 2 GW of power.

The agreement was reached last week in the Chinese State Council building, will join U.S. solar power plant developer eSolar to Penglai Electric for implementing what is expected to be China's biggest concentrating solar power project so far.

The first round of the program, which will build a solar power facility that will be operated by Chinese Shaanxi Yulin Huayang New Energy Company and will produce 92 MW of power, will start this year.
Source

Labels: China, Solar News, Solar Projects, Solar Stocks

posted by Ertai at 10:38 AM