CEC GreatWall Energy, a division of China Great Wall Computer Shenzhen Co, Ltd (GWPC), announced that it will raise over $87 million dollars to fund the procurement and construction of multiple rooftop and ground mounted solar PV plants across the Guangdong and Jiangxi provinces in China, subject to the government final approvals.
The projects will add a combined capacity of 60 megawatts (MW) of solar power generation across Central and Eastern China and will utilize a mixture of Satcon PowerGate Plus and the recently introduced Satcon Galaxy Series inverter solutions.
The solar power plants will be a part of China’s National Energy Administration’s “12th 5-Year Plan” for the Development of Renewable Energy Resources. This newly announced program would increase distributed PV power generation capacity in the Central and Eastern parts of China to 10GW for local power supply by 2020.
“We are very pleased to help China to achieve its goal of increased solar power production across the country,” said YC Yu, Vice President of GWE. “Since our acquisition of Satcon in 2013, GWPC has delivered over 150 megawatts of inverter solutions in addition to the over 3 gigawatts sold since 2009. The projects demonstrate the continued strong demand for Satcon and allow us to showcase our flagship technology platform as well as our newest offer, the Galaxy series.”