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CECIC to Establish 500MW PV Station
China Energy Conservation Investment Company (CECIC) has signed a letter of intent with the local government to establish a 500MW on-grid photovoltaic station in Wuzhong, Ningxia, reports in-en.com. The project is estimated to receive total investment of about RMB 16 billion and reach 10MW capacity this year as part of the initial RMB 330 million phase, which is expected to reach 30-50MW and cover 33.3 hectares, said the report.
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