Astronergy Solar Receives Photovoltaic System Projects from China

The Ministry of Finance of the People's Republic of China released its list of "Golden Sun Demonstration Projects" in December, which includes 222 on-grid photovoltaic projects, 18 off-grid photovoltaic systemh projects and 35 large photovoltaic plants. Astronergy Solar has been awarded six of these projects, with a combined capacity of 7.86 MW.

The six projects, the construction of which will begin soon, include the on-grid rooftop photovoltaic plant of Sinosteel in Changxing county, Zhejiang province; the off-grid photovoltaic system in Nanji, Pingyang county, Zhejiang province; the on-grid photovoltaic plant of Wenzhou Medical College; the on-grid photovoltaic plant of Zhejiang Xindi Group; the on-grid rooftop photovoltaic plant in Chint Electrical Industry Park and the photovoltaic building system of Astronergy Solar.

"We already have the broadest photovoltaic product lines in China, ranging from monocrystalline and polycrystalline modules to High-Efficiency a-Si/ìc-Si thin film modules," noted Dr. Liyou Yang, CEO of Astronergy Solar. "The 2 MW rooftop on-grid photovoltaic project in Hangzhou’s Energy and Environment Industrial Park, which was completed in September of this year, provides us with valuable experience in the running of such projects. We are dedicated to offering superior photovoltaic modules and excellent balance components of systems to our clients."

As part of their effort to boost the solar energy sector and expand domestic demand, the Ministries of Finance & Science and Technology, along with the National Energy Administration of China, formally launched the "Golden Sun Demonstration Projects" on July 21, 2009. These projects essentially cover the entire photovoltaic industry chain. The country plans to support solar power projects with a combined generating capacity of at least 500 MW in the form of government subsidies over the next two to three years.

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