Having successfullydeveloped and operated China 1^st commercial CSP project, SUPCON is well-knownby China and global CSP industry as a pioneering tower CSP technology providerand project developer. SUPCON Delingha 10MW tower project was commissioned inthe year of 2013, and its molten salt revamping project was completed earlierthis year.

Freereport: SUPCON Delingha 10MW tower project report

Listed on the topof China 20 pilot projects launched by China government, Qinghai SUPCON SolarDelingha 50MW Molten Salt Tower CSP Project (6 hours storage) is to be leadingthe construction of China 1^st phase 1.349GW pilot CSP projects. Atthe end of this October, the 50MW project was officially announced to breakground, just near to the site of its built 10MW plant.

The expected totalinvestment is around RMB 1.05 billion, with the average of RMB 20,000/kW, whichis the lowest among the other 19 pilot CSP projects. As Mr. Jin Jianxiang,Chairman of SUPCON Solar indicates, positively the investment could becontrolled within RMB 1 billion thanks to SUPCON’s experience in bothtechnology and construction, and the decreasing cost of components. Consideringthe DNI of China Delingha, the annual output is expected to be 1,360 millionkWh and operation 2720 hours. The project will enjoy the FiT of RMB 1.15/kWh, predictinga quite economic future of the project.

Freereport: List of China 1^st Phase 20 CSP Pilot Projects

SUPCON says the capitalfund (20% of total investment) has been raised by SUPCON itself, and the extrawill be financed by the end of next year to ensure the procurement of equipmentand construction.