CECEP solar energy technology said it will invest CNY2.015 billion ($281.2 million) in a “500 MW Desertification-Control Integrated Solar Project” in Inner Mongolia through its subsidiary CECEP Dalad Banner Solar Technology. Located in Dalad Banner, Ordos, the project will combine PV power generation with desertification control, including a 220 kV booster station, transmission lines and a 75 MW/150 MWh energy storage system.
Gotie has signed agreements with Datang New Energy and Hebei Linhai Technology Group to jointly develop three energy storage stations with a total capacity of 1 GWh, to be connected to the electricity grid by the end of this year. The deal with Datang New Energy includes a 200 MWh storage station on the user side, while the partnership with Hebei Linhai includes two separate storage stations, each with a capacity of 100 MW/400 MWh. Gotion will operate its 314 Ah storage cells in liquid-cooled containers, each containing 160 lithium iron phosphate batteries, and each system will have a capacity of more than 5 MWh.
Standard Chartered Bank has closed on a six-year, $235 million senior secured green loan facility to support the development and operation of a PV plant in Wilmer, Texas. The factory, which is being developed for Trina Solar, will cover approximately 125,419 square meters. Standard Chartered served as the sole lead structuring bank, bookrunner, green loan coordinator, joint lead arranger, lender and hedge counterparty for the financing, marking one of the first non-recourse financing agreements for a solar panel manufacturing plant in the United States.
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