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Hareon Solar and Shanghai Electric Power are to collaborate on the construction, financing and sales of PV power plants in China totalling around 800MW.

Hareon Solar said it would be responsible for pre-project development, construction and operation of the PV power plant projects, while Shanghai Chao Yang, a subsidiary of Shanghai Electric Power, would be responsible for project financing and long-term financing arrangements.

The JV plans to build the projects over a three-year period, beginning in 2014. Locations for the planned projects were not disclosed.