The PV power plant is expected to be constructed and grid-connected in 2016 at a cost of around RMB1.0 billion (US$152 million). Image Lerri Photovoltaics.
Major monocrystalline wafer producer Longi Silicon Materials has signed an agreement with Yan'an City, Shaanxi Province Qi County People's Government to build a 100MW monocrystalline module based PV power plant.
The PV power plant is expected to be constructed and grid-connected in 2016 at a cost of around RMB1.0 billion (US$152 million), according to a financial statement from Longi.
It is expected that Lerri Photovoltaic, Longi’s cell and module manufacturing subsidiary would be supplying the modules for the project. Lerri recently won a 300MW module supply deal with China Minsheng New Energy (CMNE) for projects being planned in the Ningxia Hui Autonomous Region of northern China totalling around 1GW.
Longi is currently planning to expand both cell and module production and further expand downstream to push greater scale and lower costs of monocrystalline products.