LDK Solar announced this week it has signed an EPC agreement with Guodian Longyuan Zhangye New Energy Limited for a project located in Zhangye City, Gansu. The first phase of the project commenced this month, and completion is expected by December 31, 2011. No other details are available. This agreement and project is another piece of evidence supporting the recent Solarbuzz China report saying that the Northwest Provinces will have particularly robust solar markets.
Guodian Longyuan Zhangye New Energy Limited is an affiliate of China Longyuan Power Group. China Longyuan Power Group was founded in 1993 and is primarily engaged in the design, development, construction, management and operation of wind farms. It also operates other power projects such as thermal power, solar power, tidal, biomass and geothermal energy. When I think of the company, however, I think of wind and its solar business is small at the moment.