A subsidiary of Beijing Jingneng Clean Energy Co. Ltd. and China Sun Fund Management Ltd. will cooperate with the government of Puning to build a 1GW PV project. The signing of the investment framework agreement was announced on January 30 and reported first by Chinese media outlets. Puning is a county-level city in China’s Guangdong Province.
This “clean energy project” entails an investment of RMB 4.5 billion and combines PV with floristry. Specifically, PV and other clean energy technologies will power facilities for growing flowers. Thus, this energy base will support a local industry and take on local characteristics.
Jingneng develops various renewable and clean energy projects. It has a wealth of expertise and experience in building PV power stations, hydroelectric power stations, and wind farms. China Sun Fund Management is an equity finance channel for enterprises and boasts successful cases in the floristry sector.