Hanlong Group Puts $100M into Solar Panels in Singapore

Hanlong Group, a top firm in China’s Sichuan province, has picked Singapore as its base to manage its business outside China. From here its subsidary Sichuan Zhonghan Solar Power Co Ltd will oversee assembly and sale of CPV systems as well as solar farm projects in regions such as Australia, the Middle East and Southeast Asia.

The firm’s new CPV R&D centre in Singapore is expected to collaborate with the Solar Research Institute of Singapore (SERIS).

“We chose to set up Zhonghan Solar’s first international headquarters outside China here in Singapore because of its sterling reputation as a global hub for clean energy, in particular solar energy,” said Hanlong Group’s chairman Mr Liu Han.

The Hanlong Group claims patents in China for more than 30 CPV and solar power related technologies and products and is investing CNY7.6 billion ($1.1bn) to set up the world’s largest CPV plant in Chengdu in Sichuan province.

Zhonghan Solar focuses on the research and development of its own proprietary third-generation photovoltaic technology, concentration photovoltaic (CPV), PV grid-connected system and CPV modules.

In October 2009, the company launched the world’s first large-scale solar LED streetlight project in Dazu City, Chongqing. The company also has solar power generation plants in Inner Mongolia, Yunnan and Tibet.

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