Here are the top five solar energy construction projects that commenced in China in Q3 2021, according to GlobalData’s construction projects database.
1. Golmud Solar CSP Power Plant 3300 MW – $3,030m
The project involves the construction of a 3300MW solar CSP power plant in Golmud, Qinghai, China.
Construction work started in Q3 2021 and is expected to be completed in Q4 2024.
The project aims to increase the region’s electricity generation capacity by using a renewable source of energy.
2. Xiangyang 1 GW Wind and Photovoltaic Power Plant – $772m
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By GlobalDataThe project involves the construction of a 1GW Wind and photovoltaic power plant in Xiangyang, Hubei, China.
Construction work commenced in Q3 2021 and is expected to finish in Q4 2022.
The aim of the project is to meet the growing demand for electricity in China.
3. Xiangyang Vanadium Redox Flow Battery Energy Storage Plant – $668m
The project involves the construction of a 100MW/500MWh vanadium redox flow battery energy storage plant in Xiangyang, Hubei, China.
Construction work started in Q3 2021 and is forecast to complete in Q4 2022.
The project aims to store energy to meet the demand for power in the region.
4. Ulanqab Green Power Station Demonstration Project PV Power Plant 300 MW – $360m
The project involves the construction of a 300MW photovoltaic (PV) power plant in Ulanqab, Inner Mongolia, China.
Construction work commenced in Q3 2021 and is expected to be completed in Q4 2021.
The project aims to generate clean energy by using renewable sources to meet the region’s growing demand for electricity.
5. Xiangyang Solar PV Power Plant 100MW – $200m
The project involves the construction of a 100MW solar photovoltaic (PV) power plant in Xiangyang, Hubei, China.
Construction work started in Q3 2021 and is expected to be completed in Q4 2022.
The project aims to generate clean energy by using renewable sources to meet the region’s growing demand.
Methodology:
This analysis is drawn from GlobalData’s global construction projects database, which tracks new construction projects over $25m from announcement to completion.
Verdict’s parent company GlobalData plc provides business information to 4,000 of the world’s largest companies.