KUNMING, Feb. 28 (Xinhua) — Southwest China’s Yunnan Province on Monday signed a photovoltaic (PV) project with a total generating capacity of 10 gigawatts in a green campaign to alleviate power supply shortages.
Yunnan Provincial Energy Investment Group and Yunnan Provincial Investment Holding Group signed project deals with parties from seven provinces and cities in Yunnan.
The total investment of the contracted projects is about 50 billion yuan (about 7.2 billion US dollars). The first batch of 64 projects, with a total installed capacity of 4 gigawatts, will involve an investment of about 20 billion yuan.
The first batch of projects, which are scheduled to be connected to the grid during the year, will provide 5.2 billion kWh of green energy to Yunnan Province every year after they are put into operation.