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Home - Solar Industry - Letter from Chinese PV Industry: CECEP Solar to build 500 MW project with desert technology
Solar Industry

Letter from Chinese PV Industry: CECEP Solar to build 500 MW project with desert technology

solarenergyBy solarenergyAugust 13, 2024No Comments2 Mins Read
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CECEP Solar says it will build a 500 MW PV project with anti-desertification technology in Dalad Banner, Inner Mongolia, including 75 MW/150 MWh of battery storage.

August 13, 2024 Vincent Shaw

Image: Fish4fish, Wikimedia Commons

CECEP solar energy technology said it will invest CNY2.015 billion ($281.2 million) in a “500 MW Desertification-Control Integrated Solar Project” in Inner Mongolia through its subsidiary CECEP Dalad Banner Solar Technology. Located in Dalad Banner, Ordos, the project will combine PV power generation with desertification control, including a 220 kV booster station, transmission lines and a 75 MW/150 MWh energy storage system.

Gotie has signed agreements with Datang New Energy and Hebei Linhai Technology Group to jointly develop three energy storage stations with a total capacity of 1 GWh, to be connected to the electricity grid by the end of this year. The deal with Datang New Energy includes a 200 MWh storage station on the user side, while the partnership with Hebei Linhai includes two separate storage stations, each with a capacity of 100 MW/400 MWh. Gotion will operate its 314 Ah storage cells in liquid-cooled containers, each containing 160 lithium iron phosphate batteries, and each system will have a capacity of more than 5 MWh.

Standard Chartered Bank has closed on a six-year, $235 million senior secured green loan facility to support the development and operation of a PV plant in Wilmer, Texas. The factory, which is being developed for Trina Solar, will cover approximately 125,419 square meters. Standard Chartered served as the sole lead structuring bank, bookrunner, green loan coordinator, joint lead arranger, lender and hedge counterparty for the financing, marking one of the first non-recourse financing agreements for a solar panel manufacturing plant in the United States.

See also  Premier Energies Committees 1.2 GW Topcon Solar Cell Line

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