China Merchants New Energy plans 300MW of Chinese PV through new JV

Facebook
Twitter
LinkedIn
Reddit
Email

China Merchants New Energy Group Limited has inked a joint venture agreement with state-owned Xinjiang Production and Construction Corps Investment Co which seeks to invest and build a 300MW PV plant in China.

The new joint venture company will be set up in China’s Xinjiang region and will be called PV Power Plant Investment Co. Through this venture, the two companies will invest approximately RMB3 billion (US$488 million) in developing a 300MW PV plant in Xinjiang.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

The joint venture follows a cooperative letter of intent signed last year in August with China Merchants New Energy and GCL-Poly. Under this letter of intent, the two companies will invest, develop and construct 973MW PV solar projects in China over a three-year period during 2013-15.

Read Next

September 8, 2025
Vaisala has launched a new hail alert system aimed at solar operators grappling with an increasingly costly problem for PV installations.
September 8, 2025
Vikram Solar has won a 336MW module supply agreement from L&T Construction for the 2.3GW Khavda solar park in Gujarat. 
September 8, 2025
ClearGen has entered into a US$150 million partnership with Davis Hill to build 245MW of community and commercial solar projects in the US.
September 8, 2025
A green energy auction in the Philippines has secured 9.4GW of renewable energy capacity subscriptions, of a target of 10.65GW.
September 5, 2025
US solar tracker manufacturer Nextracker has launched a new electrical balance of systems (eBOS) trunk connector.
September 5, 2025
Scientists from Germany and Saudi Arabia have discovered that perovskite thin-film cells are compatible with current industry standard silicon solar cells, which they claim is a “crucial step toward the industrialisation of perovskite silicon tandem solar cells”.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK
Solar Media Events
October 2, 2025
London,UK
Solar Media Events
October 7, 2025
Manila, Philippines