Xi'an Longi to invest $126m in 100MW China PV plan

Xi'an Longi Silicon Materials has agreed to invest roughly 800 million yuan ($125.9m) in 100MW of solar in northern China’s Hebei province.

The company, which mainly produces silicon wafers, plans to start building the project in May 2016, as part of a strategic co-operation agreement it recently signed with the authorities in Kaiping district, in the city of Tangshan.

The PV modules — which will be installed at an agricultural site — are scheduled to start generating electricity by December 2017, according to  a statement on the Shanghai stock exchange.

Earlier this week, Xi’an Longi, based in northwest China’s Shaanxi province, agreed to invest up to 80bn rupees ($1.2bn) to build a PV cell and module plant and a 500MW solar array in the southeastern Indian state of  Andhra Pradesh, according to Indian media reports.

In June, it agreed to jointly produce monocrystalline silicon wafers, ingots, solar cells and PV modules with with Yingli Green Energy.