Shenhua Group and SolarReserve announce 1 GW solar project partnership

• 7 years ago (2016-05-05)

Asia 848 Renewables 751

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SolarReserve CEO Kevin Smith said: "SolarReserve is excited about the opportunity to help China meet its emissions reduction goals by working with the world's largest coal company as it expands into large scale solar thermal… Our 1000 MW partnership with Shenhua is at a scale that will lead to substantially lower costs while contributing clean and renewable energy to China's growing power needs.”

SolarReserve will supply critical technology along with technical support services for building some of the advanced solar thermal projects in China.

Dr. Ling Wen, Shenhua Group CEO, said: "As part of Shenhua's strategic objective to become a world-class clean energy provider, we are very interested in developing utility-scale concentrating solar power plants, and we look forward to working with SolarReserve in bringing its world-class proprietary technology to China."

State-owned Shenhua Group is a leading coal-based integrated energy company and one of the largest coal suppliers in the country.