The 10 MWp Dunhuang PV Project involves an investment of Yuan 200 million (Euros 27 million), with an annual power production of 16.37 million kWh, and a franchised operation term of 25 years. In late March 2009, the Chinese National Development and Reform Commission (NDRC) planned an open tender to confirm the on-grid electricity price and technical solutions. A total of 13 enterprises including major domestic power giants got the upper hand in the bidding, with tender prices ranging from 0.69 Yuan/kWh (0.071 Euros/kWh) to 1.9 Yuan/kWh (0.196 Euros/kWh). The joint bidding team, which is initiated by Enfinity, has won the project with the price of 1.09 Yuan/kWh. CGNPC and LDK Solar are the partners on the bid.
“Winning this bid is an important milestone for Enfinity’s international expansion strategy and it will act as an entrance ticket towards the high potential Asian market,” commented Gino Van Neer, founder of Enfinity. “The project is expected to start construction within four months and has to be completed within the 18 following months”. All PV systems will be PV tracker panels, installed on land. Enfinity is in the process of setting up the Dunhuang joint venture company and confirming the EPC contract. In the near future, Enfinity will develop a total of 500 MWp of PV installations in the Dunhuang area.
Following on from its success with the Dunhuang Project, Enfinity is continuing development in China. This week, it had its first self-developed (10MWp) project in Shizuishan (Ningxia Province) approved by the provincial level government, which will now be submitted to NDRC for FIT approval.
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