Monday, June 29, 2009

Three companies involved in Dunhuang 10MW PV project confirmed

This just came in JLM Pacific Epoch research company:

With an offer of RMB 1.09/kWh, three companies have won the tender to construct a 10MW photovoltaic project in Dunhuang, Gansu province:

-- Best Solar, a Jiangsu thin film and crystal solar module provider that has received investment from Peng Xiaofeng, chairman and CEO of Jiangxi-based LDK Solar (NYSE:LDK);
-- China Guangdong Nuclear (CGN) Energy Development Company, a wholly owned subsidiary of CGN Power Group;
-- and Enfinity NV, a solar installation specialist established in Belgium, reports the Economic Observer.

A related CGN insider said CGN Energy Development, Enfinity, and Best Solar will take 51%, 29% and 20% stake of the 25-year contract, respectively. More than 60 companies participated in the bidding.

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