to-the-point: Xinyi Solar breaks ground on 170-MW Tianjin solar park
Solar modules. Featured Image: Jackiso/Shutterstock.com
Xinyi Solar Holdings Ltd (HKG:00968) said Sunday it has initiated the construction of a 170-MW ground-mounted solar farm in the Chinese city of Tianjin earlier in June 2015.
Including the latest addition, the company currently has 750 MW of photovoltaic (PV) capacity under development and construction countrywide, according to a statement on the Hong Kong Stock Exchange. All of the solar plants are expected to kick off operations before the end of the current year.
Xinyi Solar, part of Xinyi Glass Holdings (HKG:0868), is focused on the making of solar glass, but has also expanded into the downstream solar power generation segment.