Leading global PV power station developer, investor and independent power operator Sky Solar Holdings Co., Ltd (Sky Solar) recently announced the groundbreaking of a 50MW large-scale PV power station project developed in Gonghe County, Qinghai. This project was developed by Sky Solar’s subsidiary Gonghe County Tianhua New Energy Power Co., Ltd., after being given approval from the Qinghai Development and Reform Commission. The project, with a three-month construction plan and 25-year operation period is located in Gonghe County Photovoltaic Industrial Park, Hainan Prefecture, Qinghai. The estimated total investment of the project is 591 million Yuan and the average annual generating capacity is about 79.5 million degrees. Calculated according to the current average standard coal consumption of thermal power 330g/kWh, about 656 thousand tons of standard coal can be saved, with a decrease of 6,000 tons dust and 1.4 million tons carbon dioxide emission.
With an abundance of natural solar energy resources, Qinghai province has attracted many domestic energy companies with their unique PV industry development ideas and a strong and innovative investment environment that has garnered both national and global attention. Coupled with China’s current feed-in-tariff levels, Qinghai’s PV industry is entering the fast lane, enabling grid connection and transmission of the worlds’ largest centralized PV power station.
Weili Su, President of Sky Solar believes it is not easy for an independent PV developer to gain a foothold in the current competitive market. Su also states “the Qinghai government, which to a large extent has made undeniable contribution to the development of the PV industry. Through constant communication, professionalism and team work, Sky Solar earned praise and recognition at all levels of the Qinghai government, which certainly helped in the project approval process. We at Sky Solar, are certainly grateful for all the hard work and assistance shown by the Qinghai government staff. Sky Solar will let our actions speak louder than our words building competitive PV power stations!”