Evergrande spent 90 billion into the photovoltaic industry

Polaris solar PV net news: yesterday, the Standing Committee of the CPPCC, evergrande real estate group Board Chairman Xu jiayin, evergrande’s executive team to Zhangjiakou in Hebei province, and Xing Guohui, Zhangjiakou Municipal Party Committee Secretary, Mayor Hou Liang solar photovoltaic projects signed strategic cooperation agreement.

Invest in 9.2 million-kilowatt solar photovoltaic power generation project

Evergrande will build the largest solar photovoltaic power generation project, about 90 billion invested in Zhangjiakou, investing in 9.2 million-kilowatt solar photovoltaic power projects. According to the agreement showed that investments are as follows: 6 million-kilowatt solar PV power plant project investment within three years; three years to invest in 200,000-kilowatt industrial park of distributed solar power projects; three-year investment in 3 million-kilowatt solar photovoltaic farm project.

Good policy or open up market opportunities

National Energy Board published statistics show that by the end of 2013, 22 main provinces of the country (autonomous regions, municipalities) have cumulative grid-connected 741 large-scale photovoltaic power generation project, mainly in Northwest China. Evergrande project exceeds the total ranked second in Gansu and Qinghai.

Near evergrande’s analysts said: “the solar photovoltaics industry is an emerging industry, especially in downstream markets is extremely broad; the Government introduced various favorable policies, accelerating restructuring of industry, bringing new opportunities in the market. Solar power as a clean energy source, against smog, reduce pollution, create a livable environment for the people and ease the pressure on traditional energy sources is of great strategic significance and practical significance. “On August 26, the evergrande 2014 interim results press release, announced publicly for the first time, constant p’s steadfast implementation of diversification. Since then, the evergrande quickly announced into the cereals and dairy. At present, evergrande real estate group has become a collection of residential, cultural tourism and FMCG, agriculture, dairy, livestock and sports industry enterprises.

Original title: evergrande spent 90 billion into the photovoltaic industry

Posted in News.