Marissa Brassfield
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Forget Texas—everything’s bigger in China, from the Great Wall to the Three Gorges Dam and now the largest solar power plant in the world. There isn’t a timeframe for the solar power plant’s completion, but construction will begin in 2009. The project will begin in the Qaidam Basin with a 30 megawatt solar power plant; at its completion the plant will produce 1 gigawatt of clean power. The massive solar power plant is a joint venture between China Technology Development Group Corp and Qinghai New Energy Group.  According to Raymond James analyst Pavel Molchanov, the largest photovoltaic solar project announced to date is the 550 MW deal between closely held thin-film company OptiSolar and California utility PG&E Corp.
"The initial phase of the project is ... itself one of the largest solar farms ever announced in China," Molchanov wrote in a client note, adding that the Chinese government is beginning to offer more incentives for solar power projects.
(inhabitat)References: reuters, inhabitat Filed In: |
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