Following through with their strategic agreement to build utility-scale and commercial roof top solar projects, Suntech and Huadian New Energy (HNE) will be developing a 10MW solar power plant in Dongtai, Jiangsu Province, China. Suntech will supply around 37,000 of its solar panels while also handling the design and installation of the plant.
Suntech’s Chairman and CEO Dr. Zhengrong Shi stated, “We applaud the positive incentive policies and decisive steps taken in 2009 both at national and provincial levels to support solar energy development and establish a greener economy in our country. In particular, Jiangsu Province has shown great leadership with the introduction of their solar subsidy earlier this year. We are also pleased to see that other provinces are developing similar policies that will encourage greater investment in solar projects in China.”
The companies hope for the plant to be completed by the end of this year and for the project to be supported by the Jiangsu Province’s feed-in-tariff policy. The feed-in-tariff provides 2.15RMB/kWh for ground-mount solar projects completed during 2009.
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