Hong Kong based polysilicon producer GCL-Poly has successfully connected a 30MW photovoltaic (PV) power plant to the grid at a fish farm in Baoying, eastern China.
Baoying Xing Energy Project, covering 57 hectares, is the second project GCL-Poly has built for a fish farm, following the completion of Funing Fishing-Solar Complementary PV Power Project. The new plant will generate around 29GWh of energy annually, for both distributed power and centralised grid applications.
The power station consists of a PV module array, inverter station, a transformer substation, maintenance channel, booster station and management area. GCL-Poly claims the new installation represents low cost and high quality alongside high efficiency.
In announcing the commissioning of the Baoying Xing Energy Project, chairman of the board of directors Zu Gongshan also referred to other recent projects undertaken by GCL-Poly including the 20MW Datong Phase I plant and 10MW Tibet Sangri plant. According to Gongshan, the company “will continue to expand [its] solar power station business in the global market”.
GCL-Poly recently arranged a US$480 million three-year loan facility to pay off existing short term loans. The company announced in late August that it had developed a total of 270MW of solar farms in the first half of this year despite reporting a group loss of HK$917.3 million (US$118.2 million) during the period.