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Hanergy to Build 50MW Solar Power Plant in China

Published on 14 May 2014
Hanergy Solar Group 
May 14, 2014 - Hanergy Solar Group is planning a 50MW solar project in eastern China that will cost 627.6 million yuan ($100.8 million).

The project in Xuchang City in Henan province is expected to begin construction next month and will be completed by March 2016, Hanergy said today in a statement.

Hanergy will invest 125.5 million yuan in the project and expects the remaining 502 million yuan to come from bank financing, according to the statement.

Source: Bloomberg
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