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November 24, 2021

Sinopec Kuqa Solar PV Park, China

By Carmen

Sinopec Kuqa Solar PV Park is a 1,000MW solar PV power project. It is planned in Xinjiang Uyghur Autonomous Region, China. The project is currently in announced stage. It will be developed in single phase. The project construction is likely to commence in 2023 and is expected to enter into commercial operation in 2025.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Solar PV 1,000 1,000 Announced Xinjiang Uyghur Autonomous Region, China China Petroleum & Chemical

Description

The project is being developed and currently owned by China Petroleum & Chemical.

Sinopec Kuqa Solar PV Park is a ground-mounted solar project.

The project cost is expected to be around $735m.

Development Status

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The project construction is expected to commence from 2023. Subsequent to that it will enter into commercial operation by 2025.

About China Petroleum & Chemical

China Petroleum & Chemical Corp (Sinopec), a subsidiary of China Petrochemical Corporation, is a vertically integrated energy and chemical company. It operates in the oil and gas exploration and production, extraction and marketing; oil refining; and production, marketing, storage and transportation of petrochemicals, chemical fibers, chemical fertilizers and other chemical products. The company also undertakes import and export agency business of crude oil, natural gas, refined oil products, petrochemicals, chemicals, and other commodities and technologies; research, development and application of technology and information. Its product portfolio includes refined oil products such as gasoline, diesel and jet fuel; and petrochemical products that include synthetic resin, synthetic fiber monomers and polymers, synthetic rubber, synthetic fiber, chemical fertilizer and petrochemical intermediates. Sinopec is headquartered in Beijing, China.

Methodology

All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.

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