Thailand-based investment company Sheen Tai Holdings Group Company announced that its indirect wholly-owned subsidiary Sheentai New Energy Power Company Limited has entered into a framework agreement with Liu Shu Quan Farm, part of the 13th division of the Xinjiang Production and Construction Corps.
The partners agreed on development and construction of a solar photovoltaic (PV) project in Xinjiang, People’s Republic of China, with an expected capacity of 200 megawatts (MW).
According to Sheen Tai, the total investment is expected to be RMB 1.8 billion (approx. EUR 0.27 billion).
Liu Shu Quan Farm will liaise and arrange with the relevant government authority in the PRC in relation to the preparation works for the construction of the Photovoltaic Power Project. Sheen Tai has not provided details on timing and construction.
2015-05-27 | Courtesy: Sheen Tai Holdings Group | solarserver.com © Heindl Server GmbH
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