TBEA to build 450 MW of solar, wind farms in China

Solar park. Author: Michael Mees. License: Creative Commons, Attribution 2.0 Generic

Chinese electrical equipment maker TBEA Co Ltd (SHA:600089) said Thursday it has agreed to invest in and construct 10 photovoltaic (PV) and wind projects with a combined capacity of 450 MW across the Asian country.

In particular, the company’s unit TBEA Xinjiang New Energy Co Ltd will pour roughly CNY 4.04 billion (USD 631m/EUR 559m) into 100 MW of wind and 350 MW of solar capacity. Specific details on the individual projects are available in the table below:

Type	Capacity	Location	Investment
Solar farm	20 MW	Xinjiang Uygur autonomous region	CNY 184.8 million
Wind park	100 MW	Inner Mongolia autonomous region	CNY 801.2 million
Solar farm	20 MW	Inner Mongolia autonomous region	CNY 184.8 million
Solar farm	50 MW	Shaanxi province	CNY 462 million
Solar farm	50 MW	Shanxi Province	CNY 462 million
Solar farm	30 MW	Yunnan Province	CNY 277.2 million
Solar farm	100 MW	Xinjiang Uygur autonomous region	CNY 924 million
Solar farm	20 MW	Xinjiang Uygur autonomous region	CNY 184.8 million
Solar farm	20 MW	Xinjiang Uygur autonomous region	CNY 184.8 million
Solar farm	40 MW	Xinjiang Uygur autonomous region	CNY 369.6 million

All of the schemes have received the green light from the National Development and Reform Commission, according to a statement on the Shanghai Stock Exchange. The next step for TBEA is to carry out preparatory works at the project sites.

(CNY 1.0 = USD 0.156/EUR 0.138)

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