KunlunTrust, a unit of PetroChina that specialises in investment and financing, willteam up with Hong Kong-listed Goldpoly to invest in PV plants in China’sXinjiang and Inner Mongolia regions.

They willalso look at sites in Gansu province, according to a statement by ChinaMerchants New Energy, Goldpoly’s largest shareholder.

Goldpolywill take a 60% interest in the planned projects, while Kunlun Trust will holdthe remainder.