Suntech to Develop Multi-GW Solar Projects in China

Agreements for up to 1.8 GW of solar PV developments in China have been signed by Suntech Power Holdings Co., Ltd.

The company says that it has recently entered into a number of strategic agreements with each of Shaanxi provincial government, Shizuishan city government, Ningxia province, Qinghai provincial government and Panzhihua city government, Sichuan province to develop 300 MW, 500 MW, 500 MW and 500 MW of solar projects respectively. These projects are expected to be developed in several stages and is subject to the satisfaction of a number of conditions, including obtaining related permits from the National Development and Reform Commission.

Dr. Zhengrong Shi, Suntech’s chairman and CEO, said: “These strategic agreements demonstrate the commitment of governments of Shaanxi, Shizuishan, Qinghai and Panzhihua to adopt utility-scale solar energy to power sustainable development.”

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