Hareon unveils more PV plans
Hareon Solar Technology says it will develop 2.5GW of solar in Turkey and 600MW of rooftop PV capacity in China -- the latest in a series of ambitious plans it has unveiled in recent months.
It said in a statement to the Shanghai stock exchange that it will work with Switzerland's ILB Helios and a Turkish agricultural credit union to build 2.5GW of solar over the next three years.
Jiangsu-based Hareon and ILB Helios signed a framework agreement in early August to build 6.27GW of PV in Europe, Africa, the Middle East and North America through 2017.
Their plan in Turkey will start with an initial 300MW of projects, scheduled for completion later this year.
Hareon will also install 500MW on rooftops in Suihua, in northeast China's Heilongjiang province, it said in a separate statement this week.
It also unveiled plans to develop 100MW of rooftop PV capacity north of Beijing near the city of Zhangjiakou in Chicheng county, Hebei province. In July, it signed a framework deal with the Hebei authorities to build 600MW of distributed-generation PV, including 300MW of rooftop capacity.
The Chinese government has identified distributed-generation solar as a key priority in its ambitious full-year PV installation target.
Earlier this week, Hareon signed a strategic cooperative framework agreement with the Indian unit of Seattle-based Northern Lights Capital to develop 150MW of solar in India, in addition to securing credit lines from two Chinese banks.
And in June, Hareon announced plans to set up a venture in South Africa with mining and construction contractor AMED Energy.