Yingli Green Energy Holding Co. Ltd, the US-listed Chinese solar manufacturer, has started construction of a 20-megawatt solar power plant in Shule County in Xinjiang Province.
Once completed, the project, developed by the company’s subsidiary, Yingli Energy (Beijing) Co., will generate approximately 28 million kilowatt-hours of electricity annually, enough to meet nearly 30% of Shule County’s residential power demand. It will offset about 17,000 tons of carbon emissions each year, equivalent to planting over 21 million trees.
Yingli already has about 100MW of installed capacity in the county.
Yingli completed grid connection for a 10-MW solar power plant in Fuping, Hebei Province in late December 2014. The project will produce more than 12,000 megawatt-hours of electricity per year, which will meet nearly one fifth of Fuping County’s residential power demand.
The project qualifies for a national feed-in tariff of 1.0 RMB (US$ 16 cents) per kilowatt-hour for 20 years, as well as additional incentives from the local government during its first three years of operation. Yingli is currently in negotiations with potential buyers of the project.
