Bejing, China [RenewableEnergyWorld.com] Suntech Power Holdings Co. Ltd. has entered into a strategic agreement with China Energy Conservation Investment Corporation (CECIC) to develop solar projects over the next five years.
Through the partnership CECIC will primarily be responsible for project investment and solar project development and Suntech will supply solar products, system design and technical support. Suntech and CECIC plan to focus on the development of large scale on-grid projects, urban BIPV projects, rural off-grid projects, and wind-solar hybrid projects.
“Suntech has proven itself to be a global leader in technological innovation and product quality in the field of photovoltaics and is clearly dedicated to sustainability initiatives. This partnership represents an important step forward in our mission to fulfill the mandates set forth by the Chinese government to achieve environmental sustainability through renewable energy generation,” said Xiaokang Wang, general manager of CECIC.