Panda Green to develop 1 GW hybrid PV and concentrated solar power project in China
2020.06.16 From: HELIOSCSP
Panda Green Energy Group plans to develop a 1,000 MW hybrid project in China that combines solar photovoltaic (PV) and solar thermal power generation with energy storage and hydrogen production.
The company has entered into a memorandum of cooperation for the CNY-10-billion (USD 1.41bn/EUR 1.25bn) project with the local government of Manasi County, Xinjiang Uyghur Autonomous Region. The plan, which is pending certain authorisations and the signing of a formal deal, calls for Panda Green Energy to develop, finance and manage the energy integrated demonstration complex in Manasi County.
The minimum installed capacity of the facility is agreed to be 1,000 MW, but its final scale is yet to be determined based on factors such as local energy policies, land availability and on-grid energy consumption. In any case, the installed capacity in the first phase will not be less than 500 MW.
The role of the local government is to assist the company in securing project management rights, acquiring or leasing land for the project and applying for applicable tax incentives.
Upcoming CSP events:
10th CSP Focus China 2020 (Time TBA, Beijing China)
5th CSP Focus MENA 2020(September 9-10,Dubai, UAE)
More CSP news and reports please visit www.cspfocus.cn
or CSP Focus social media on LinkedIn, Twitter, Facebook.
More from CSP Focus
NextReliance commissions 100 MW concentrated solar power plant in Rajasthan, India
World largest Concentrated Solar Power plant ties tariffs to big storage to hit record price
Spanish Start-up Innovates Solar Steam Modules for Industries
UC San Diego engineer receives award to advance concentrated solar power research
Enerray close to complete the first Concentrated Solar Power plant in Morocco
NREL scientists advance solar thermo-chemical hydrogen (STCH) production
Can Spain Revive the Concentrated Solar Power (CSP) Industry it Killed?
Leave your thoughts here
Reports(Member Only)
See more+-
CSP Focus Membership Proposals
We are now proposing CSP Focus Membership, hoping to better serve our members to keep pace with the latest updates of ongoing CSP projects worldwide, and to establish and maintain business relations with major shareholders of the projects. CSP Focus offers to Membership exclusive access to:1. Daily/Weekly update and analysis on CSP policies, projects, technologies, market trend and corporate relea
-
The Latest CSP Focus Monthly Update
Join CSP Focus Membership to Get the Latest CSP Focus Monthly Update December Edition.
-
CSP Project Monthly Update 2022 December Edition
CSP Focus is presenting CSP Project (China) Update 2022 December Edition.Detail report is available for CSP Focus Membership.
-
Presentations-CSP Focus China 2021
The Report is for CSP Focus Members only.
Upcoming Events
See more+-
12th CSP Focus China 2022
2022.04.21-22 Beijing
-
11th CSP Focus China 2021
2021.10.28-29 Beijing
-
10th CSP Focus China 2020
2020.10.22-23 Beijing, China
Project Updates
See more+-
Lanzhou Dacheng Dunhuang CSP Project
Asia Pacific-China,Operational,Parabolic Trough
-
Luneng Haixi 50MW Molten Salt Tower CSP Project
Asia Pacific-China,Operational,Power Tower
-
Dubai 950MW NOOR Energy 1 CSP+PV Project
MENA-UAE,Under construction,Power Tower
-
Power China Gonghe 50MW Molten Salt Tower CSP Project
Asia Pacific-China,Operational,Power Tower