, China

Solarfun gets 8.1 MW contract in Southern China

Jiangsu Linyang will be responsible for designing, engineering and constructing an 8.1 MW PV power plant in Heyuan . It will also supply the PV modules to be used in this project.

These were among the terms of the contract that Jiangsu Linyang, a wholly owned subsidiary of Solarfun, has entered into with Guangdong Guohua New Energy Investment Co., Ltd.

This solar power project, subsidized by the national Golden Sun program, will be owned by Guohua New Energy, a Heyuan-based company founded in September, 2009. This project is expected to become operational by December 30, 2010. When completed, the plant is expected to cover a total area of approximately 30 hectares and generate approximately 8.1 MWh of electricity per year.

"We are excited to have been selected for this important project. It is the largest EPC project for Solarfun in China and should help position us well for further growth from other similar projects in the future. This project builds on our prior project experience in China,” commented Dr. Ping Peter Xie, Chief Executive Officer and President of Solarfun.

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