Details of China’s 500MW Grid-parity Project Revealed

CHINA, Oct 21, 2019. /PVTIME/ -- According to China Power International
Development Limited, a subsidiary of the State Power Investment Corporation
(SPIC), three construction contracts for the largest of the first batch of central-subsidy-free
solar projects have been awarded to SPIC subsidiaries.

Development of the 500MW subsidy free solar project across 12 townships of
Chaoyang city in the province of Liaoning is managed by China Power
International.

Today, China Power International announced the names of the two EPC
services contractors that will be responsible for the construction of tender lots
three, five and six of this six tender lot project.

CPI Power Engineering
Co, Ltd.
has been
granted the contracts for the construction of tender lots five and six, for
fees of RMB136 million and RMB158 million, respectively; while State Nuclear Electric Power Planning
Design & Research Institute Company Limited
has been awarded the RMB 140
million contract for the third tender lot.

No other details pertaining tender lots one, two and four were released.

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