JunYang to build 60MW of rooftop PV

The solar action in China is moving downstream

JunYang Solar will build 60MW of rooftop PV capacity in Henan province for 720m yuan ($115m), shifting its resources from manufacturing to downstream development in a deal that underscores the changes gripping China’s solar sector.

Last year China Gogreen Assets Investment, the Hong Kong-based solar investor that controls JunYang, pulled the plug on its factory for amorphous silicon thin-film PV modules in Henan province as part of the broader industry consolidation.

JunYang has been involved in project development for several years. It owns a 10MW PV array in Qinghai, for which it receives 1.15 yuan per kWh, and built the first 1.5MW of a planned 20MW project at its factory in Zhenghzhou, which is eligible for China’s Golden Sun rooftop subsidy.

But the deal with the municipal government in Xuchang, Henan province, represents a…

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