GCL-Poly completes construction of 20MW PV power station, achieves successful grid connection

GCL-Poly Energy Holdings Ltd announced that its wholly-owned 20MWphotovoltaic power station, operating as the Xuzhou GCL Solar EnergyCo. Ltd has completed construction and successfully connected to thegrid. It is currently the largest solar photovoltaic power station inChina.

Zhu Gong Shan, the Executive Director, Chairman and CEOof GCL-Poly, said: “Thanks to the support of the Jiangsu provincialcommittee and provincial government, as well as the concertedco-operation and effort of all parties, Xuzhou Photovoltaic PowerStation completed construction and began operation in less than threemonths, again demonstrating the efficiency and execution of GCL-Poly. Iam gratified and proud of the achievement.”

He remarked: “as thelargest solar power station in terms of installed capacity in China,Xuzhou Photovoltaic Power Station is an exemplary project of thedomestic photovoltaic industry. The station has made the breakthroughin project construction and research in the domain of large-scalephotovoltaic power station in China.”

Xuzhou Photovoltaic PowerStation is located in Xuzhou City, Jiangsu Province, and covers an areaof approximately 700 mu, with a total investment of approximatelyRMB420 million and installed capacity of 20MW.

XuzhouPhotovoltaic Power Station installed its photovoltaic components by wayof an optimal combination of fixed system, bi-axle tracking system andmono-axle tracking system, and is equipped with sophisticated computermonitoring facilities. Upon commencement of operation, XuzhouPhotovoltaic Power Station is expected to have an annual powergeneration of approximately 26,000,000 kilowatt-hours and operate forapproximately 1,300 hours per year.

Accordingly, approximately7,550 tonnes of standard coal could be saved per year, while emissionof carbon dioxide, sulphur dioxide and nitrogen dioxide could bereduced by approximately 20,000 tonnes, 150 tonnes and 50 tonnesrespectively per year, producing substantial environmental protectioneffects.

Zhu Gong Shan added: “The completion of XuzhouPhotovoltaic Power Station marks GCL-Poly’s successful expansion frompolysilicon and wafer manufacturing within the upstream solar space tophotovoltaic power generation within the downstream solar space,cementing a solid foundation for the Company to capture the hugeopportunities arising from global photovoltaic power generation. TheChinese government has recently proposed by the year 2020 to cut carbondioxide emissions per unit of gross domestic product by about 40percent to 45 percent from the levels in 2005.

"Being theleader in the photovoltaic industry in China, we will fulfil our roleby sparing no effort to support the government to meet this goal. Withconcerted effort of all parties, we are confident that GCL-Poly willbecome a leading photovoltaic power generation operator in the world inthe next few years.”