Solar Power Inc. to Develop 80 Megawatts of Projects in ChinaJustin Doom
Solar Power Inc., a renewable-energy developer backed by China’s LDK Solar Co., agreed to develop two projects with total capacity of 80 megawatts in the Asian country.
The company’s SPI Solar Power Engineering Co. unit will build a ground-mounted 70-megawatt power plant in Inner Mongolia and a 10-megawatt distributed-generation project in Guangdong Province, Roseville, California-based Solar Power said in a statement today. Terms weren’t disclosed.
Construction on the Huade Project in Inner Mongolia is scheduled to begin next month and be completed by the end of July. The Shunde Project in Guangdong is expected to be connected to the grid by the end of next month.
LDK owned 42 percent of Solar Power as of Aug. 19, according to a company filing.