HomeWorld RegionsAsia$575m solar power project set for China

$575m solar power project set for China

Cleanergy has announced installation of its Stirling concentrated solar power (CSP) technology in China, for a 200 MW project that has a potential value of around $575m.

The Swedish firm had signed an agreement with Datang Holdings Newà‚ Energy Technologies (Datang), a Chinese energyà‚ company, in April and the deal includes manufacturing,à‚ installation and development ofà‚  its advanced Stirling CSP technology in the country.
Concentrated solar power plant
The firms will initially install 50 MW capacity in 2018, while the remaining 150 MW will be installed as a second step that includes energy storage.

Datang director Wang Xu said: “Our goal is to make the Stirling solar application dominant in China for new energy and manage to get its cost level competitive by localization.

Cleanergy, along with Datang, is preparing a project feasibility report to understand the full cost reduction potential by localizing production in China. It will star with component sourcing and assembly of the dish concentrator.

Cleanergy CEO Jonas Eklind said: “China is an important market for Cleanergy with a potential of 10 GW installed solar energy with storage by 2030. We have been present in the region since 2010 and the first to come this far with Stirling CSP. There is no doubt that there is currently an extremely strong momentum in the solar energy market, in particular solar energy in combination with energy storage.”