Zhongli Talesun Solar Co., Ltd. has signed a strategic cooperation agreement of the “PV value chain investment in Qinghai” with the People’s Government of Qinghai Province on May 11. According to the agreement, Zhongli Talesun will develop more than 150MW PV power plant annually in Qinghai Province in the next 6 years.
Zhongli Talesun will start the construction immediately after the approval of the specific project by the Development & Reform Commission of Qinghai Province each year. After completing the construction of PV power plant, feed-in tariff will adjust according to the change of the national subsidy policies.
Zhongli Talesun maintained a good momentum of the development in Europe and US under the circumstance of the downturn period in those two markets. In addition, it is developing vigorously in domestic PV market. This cooperation became another successful story between the government and the solar enterprise. This cooperation not only extended Zhongli Talesun’s product market, opening up a new economic growth point, but also expanded the influence and enhanced the competitiveness of Zhongli Talesun, having a significant impact on Zhongli Talesun’s future development,