Jinko signs 200MW solar deal in China's Gansu province

Jinko chief executive Chen Kangping

China’s JinkoSolar has signed an agreement to invest in and develop a 200MW solar project in northwest Gansu province with state-owned company Jinchuan Group.

The project in Jinchang will become one of Asia's largest PV power plants, requiring total investment of around 2bn yuan ($320m).

Jinko did not disclose how much it will put into in the project, but investor relations director Sebastian Liu says Jinchuan will hold the majority share.

The project has been approved by the Gansu government and is expected to be completed and connected to the grid by June 2013.

"Jinchang receives large amounts of sunlight and has ample land resources, which make it very suitable for PV power plant development," says Li Xiande,…

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