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First Solar and China Power cooperate on solar PV

US solar thin-film giant First Solar has entered a strategic cooperation framework agreement with China Power International New Energy Holding Ltd (CPINE) for solar photovoltaic (PV) projects in China, the US and other international markets.

By Renewable Energy Focus staff

CPINE already has 2 GW of solar power planned in China by 2020, and First Solar has 2.4 GW in its pipeline for North America.

“This cooperation leverages our advantages in the domestic solar power industry, and helps First Solar further expand its business presence in China. In addition, we are happy to explore other cooperation opportunities in different areas and through different methods with First Solar, working together to further expand in the global market,” says Li Xiaolin, Chairwoman of China Power International Holding Ltd and CPINE.

TK Kallenbach, President of First Solar's Components Business Group, adds: “Both China and the US are important markets with vast potential for sustainable solar energy, and this agreement can serve as a model for US-China collaboration on renewable energy. Our agreement with CPINE also includes the potential to expand to other international markets, which could open up tremendous opportunities.”

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Photovoltaics (PV)  •  Policy, investment and markets

 

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