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Enfinity will develop China’s largest and first PV power station.
A joint bidding team, initiated by Enfinity, won the first 10 MWp solar concession project
Shanghai – China, Waregem - Belgium July 3rd 2009. China`s largest and first PV power station, the 10MW franchised demonstrative PV project in Dunhuang City, northwest China’s Gansu Province (hereinafter referred to as “Dunhuang Project”) has finally fixed its on-grid electricity price at 1.09 yuan/kWh (0.113 euro/kWh), revealed an authority from the National Energy Administration.
The Dunhuang PV Project involves an investment of 200 million yuan (27 mio euro), with an annual power production of 16.37 million kWh, and a franchised operation term of 25 years. In late March 2009, the Chinese National Development and Reform Commission (NDRC) planned an open tender to confirm the on-grid electricity price and technical solutions. A total of 13 enterprises including major domestic power giants got the upper hand in the bidding, with tender prices ranging from 0.69 yuan/kWh (0.071 euro/kWh) to 1.9 yuan/kWh (0.196 euro/kWh). The joint bidding team, which is initiated by Enfinity, has won the project with the price of 1.09 yuan/kWh. CGNPC and LDK Solar are the partners on the bid.“The project is expected to start construction within 4 months and has to be completed within the 18 following months”, commented Gino Van Neer, founder of Enfinity. All PV systems will be PV tracker panels, installed on land. Enfinity is in the process of setting up the Dunhuang joint venture company and confirming the EPC contract. In the near future Enfinity will develop a total of 500 MWp of PV installations in the Dunhuang region.
Followed by the success of the Dunhuang project, Enfinity is continuing the development in China. This week, Enfinity had its first self-developed project in Shizuishan (Ningxia province) approved by the provincial level government. The 10MWp project is ready to be submitted to NDRC for the FIT approval.
About LDK Solar
LDK Solar is a pure-play manufacturer dedicated solely to the design, development, manufacturing and distribution of multi-crystalline solar wafers. Wafers are the principal raw material used to produce solar cells, which are devices capable of converting sunlight into electricity. Their manufacturing process is based on proprietary production processes utilizing both virgin and recyclable polysilicon for ingot production. Through this proprietary process, they are able to offer their global solar cell and module manufacturer customers considerable cost advantages while maintaining quality and performance.
About CGNPC
Established in September 1994 with a registered capital of RMB 10.2 billion, China Guangdong Nuclear Power Holding Co., Ltd (CGNPC) is a central corporation under the leadership of the State-owned Assets Supervision and Administration Commission (SASAC) of the State Council with nuclear power as its core business. It is the only clean energy corporation in China which centers its business on nuclear power. China Guangdong Nuclear Power Group (CGNPG) is a large conglomerate comprising of its core company, CGNPC, and over twenty subsidiaries.
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