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Solar – nuclear marriage in China

First Solar Teams With Guangdong Nuclear in China  Bloomberg News – Jan 6, First Solar Inc., the world’s biggest maker of thin-film solar modules, will team up with a state- owned Chinese energy company to build a 30-megawatt solar plant in China’s Inner Mongolian desert.Tempe, Arizona-based First Solar will have a minority stake in the solar plant in the city of Ordos. China Guangdong Nuclear Solar Energy Development Co. will be the majority owner and operator of the project, according to a statement distributed before a briefing. First Solar will supply solar modules and provide engineering services, President Bruce Sohn told reporters in Beijing today……

The unit of China Guangdong Nuclear Power Group Co. in 2009 won the right to build and operate a 10-megawatt solar-power plant, China’s first solar concession project, in Gansu province. The plant began operations in December with a tariff of 1.09 yuan (16 cents) a kilowatt-hour, according to Bloomberg New Energy Finance data…..

First Solar Teams With Guangdong Nuclear in China – Bloomberg

January 6, 2011 - Posted by | China, renewable, USA

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