Tuesday, January 25, 2011

TBEA, China Xinjiang SunOasis to Build Xi'an PV Park

If only Chinese PV companies would keep their website up-to-date. This morning I ran across a China Knowledge Newswire report about TBEA and China Xinjiang SunOasis agreeing to build a new PV park in Xi'an. I went to both websites for both companies and no mention of the agreement. The SunOasis website hasn't been updated since 2009 so I think it's time for them to fire their internet PR team.

The report said TBEA, a Chinese power equipment manufacturer and distributor in China, on 24 Jan 11 inked a contract to build a photovoltaic park, which will cost around RMB 3.4 billion, in Xi'an. The park, which will be located in the Xi'an Hi-Tech Industrial Development Zone, is designed to have an annual output capacity of 500 MW of solar cells, 500 MW of PV modules and other PV-related capacities. Upon the completion of the park, the total output value is expected to exceed RMB 10 billion per year. China Xinjiang SunOasis, which will be engaged in the construction and management of the park, is 72.95% owned by TBEA and has a registered capital of RMB 131 million. The subsidiary has built two PV production bases in Xi'an and the Xinjiang Uygur Autonomous Region.

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