Guangdong Highsun to Earn Energy via Distributed Rooftop Solar Project

PVTIME – On April 12, Guangdong Highsun Group Co.,Ltd.(000861), a China-based company engages in property leasing and management and department store retailing, announced that its subsidiary Guangzhou Junying Real Estate Co., Ltd. has signed with SPIC Weilan New Energy for distributed rooftop solar power project in a Logistics Park of Guangzhou Junying Real Estate.

According to the announcement, approximately 140,000 square meters of rooftop and space in the Logistics Park is planned to be equipped with solar modules, with an estimated power generation capacity of 14MW. This PV project is expected to achieve energy-saving, emission reduction, discounts on electricity charges and relevant profits for both sides as Guangdong Highsun Group holes 30% of shares of SPIC Weilan New Energy, while SPIC Haisheng holds the 70% of that.