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Solar power plants planned in Mongolia

Posted: 10 Sep 2009 ?? ?Print Version ?Bookmark and Share

Keywords:power plant? Mongolia solar project? photovoltaic?

Solarfun Power Holdings Co. Ltd announced that its subsidiary, Jiangsu Linyang Solarfun Co. Ltd, has signed a letter of intent with the government of Hohhot City, the capital city of the Inner Mongolia Autonomous Region in China, to develop two solar projects. In support of the projects which will have an aggregate capacity of 600MW, Solarfun intends to construct a 100MW PV module production facility.

Wu Wenyuan, Vice Mayor of Hohhot City, said, "Hohhot City has a number of advantages in developing PV projects, including abundant sunshine and national support. After discussing with and inspecting a number of major PV manufactures in China, we selected Solarfun as a major supplier for these projects. We are excited to partner with Solarfun."

Peter Xie, president of Solarfun, commented, "This agreement demonstrates our solid market position in China and our commitment to the development of China's PV market. Hohhot City has been approved to be one of the pioneer cities for using PV systems by the National Development and Reform Commission and it is a key junction that connects to the North China grid. Hohhot City currently has the largest wind power generation capacity in China and is generally known for its extensive sunshine and commitment to renewable energy projects. We are delighted to supply Hohhot City with our high quality products and expect to further grow our business by taking advantage of the opportunities presented by the new PV incentive policies in China."

The project is subject to feasibility studies, financing and further government approval.

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