Changzhou New Light New Energy — an indirect, wholly owned group subsidiary of United Photovoltaics — has revealed plans to purchase a 35MW solar project in southwestern China’s Yunnan province for approximately 30.5m yuan.
The agreement requires the seller — Yunnan Huiguang New Energy Investment — to guarantee the feed-in tariff (FIT) for the project, as well as its annual electricity output, for the next five years, according to a statement to the Hong Kong stock exchange.
Separately,
