Chint Group invests in 1 GW of solar energy projects in Gansu province

LANZHOU, CHINA: Astronergy (also known as Chint Solar) announced that its parent company, the Chint Group, officially signed a strategic cooperative framework agreement with the Gansu Development and Reform Commission, where it will invest in 1 GW of solar energy projects and in 200 MW of manufacturing capabilities.

This agreement marks the official launch of the province's push to develop its solar industry.

The ceremony was attended by the Secretary of the CPC Gansu Provincial Committee Lu Hao, the Vice Secretary of the CPC Gansu Provincial Committee Liu Weiping, Member of the Standing Committee Feng Jianshen, Secretary-General Jiang Xinzhi, Chint Group Chairman Nan Cunhui, and Dean of the China Foreign Affairs University Zhao Jinjun.

As one of China's largest enterprises and the country's largest low- voltage electrical appliance manufacturer, the Chint Group's existing talent and technological resource base allows the group a great advantage in solar module production and the construction of total PV systems.

In addition to its reputation as a trusted provider of electrical products for the last 25 years, the group works closely with its solar subsidiary Astronergy, through which it has garnered extensive experience in the manufacture of solar products and the establishment of solar systems.

Feng Jianshen shared his hope that through this agreement, the Chint Group would take full advantage of the solar resources of Gansu Province. He encouraged both sides to incorporate advancements in technology, skilled labor and other advantages arising from the collaboration to lay a foundation for renewable energy.

Feng recognized the special opportunity to transform the region's plentiful solar resources into economic benefits. The provincial government has also agreed to provide a range of assistance for the budding industry at construction sites, obtaining approval for related projects, and applying for feed-in tariffs, such that all sides -- including the environment -- will benefit from the agreement.