The world's first Panda Power Plant (50MW) was connected to grid in Datong, Shanxi in June 2017. Image: Panda Green Energy
China-based PV energy provider (PVEP) Panda Green Energy Group has reached a milestone of over 1.5GW of grid-connected solar assets with a recent acquisition of a 50MW grid-connected solar power plant in Inner Mongolia.
Panda Green had an aggregate installed capacity of 1,291.4MW at the end of 2016, including 31 utility-scale ground mounted solar power plants and distributed solar power plants across China, after adding new installed capacity of 415.4MW during the year.
In the first half of 2017, Panda Green added 172.7MW of solar power plants to its portfolio with its first acquisitions outside China with the purchase of 82.4MW of operating plants in the UK.
The aggregate installed capacity of 42 solar power plants had increased to 1,464.1MW, up 47% from the prior year period.
With the purchase of a 50MW solar power plant located in Inner Mongolia for RMB 196 million (US$29.6 million), Panda Green surpassed the 1.5GW (1,514.1MW) milestone.
Guigang Panda Power Plant is the second Panda plant and has a total installed capacity of 60 MW and has been connected to grid in October, 2017. Image: Panda Green Energy
PV Tech is hosting a TechTalk Product Series webinar with LONGi Solar to help PV project developers, asset owners and interested parties become aware of the latest in utility-scale PV panel technology, performance and size that is redefining LCOE metrics.
The UK and Ireland markets are seeing multi-GW of pipelines being planned for new utility-scale solar and energy storage during the next few years. These complementary sectors are starting to form new built portfolios for some of the leading global developers and long-term owners. This webinar - featuring presentations from Finlay Colville and Lauren Cook - will explain what is driving the uptick in new project planning, a breakdown of the pipelines by pre-build status, and which companies are behind the new projects.
Understand fully the technical and logistical supply chains that determine the production and performance of solar modules, including all related factors impacting quality, reliability & bankability.