On June 9, Hunan Development announced that it had signed the Hunan Development Ningyuan County Centralized Photovoltaic Project Investment and Development Agreement with the Ningyuan County Development and Reform Bureau.
The company plans to invest in the construction of a PV power generation project with a capacity of no less than 200MW on plots of land in Lengshui Town, Dongxi Subdistrict, and other areas of Ningyuan County, with a tentative total investment of Yuan 600 million.
This agreement is an investment intent agreement and is subject to investment decisions that have not yet been finalized. There remains uncertainty regarding the ultimate implementation of the project.
Edited by Cassie Li, lixiangying@mysteel.com
