Wangzhai Solar PV Park is an 80MW solar PV power project. It is planned in Henan, China. The project is currently in permitting stage. It will be developed in single phase. The project construction is likely to commence in 2022 and is expected to enter into commercial operation in 2023.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Solar PV | 80 | – | 80 | Permitting | Henan, China | GCL New Energy Holdings; Ruzhou County GCL Photovoltaic Power; Wuling Power |
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Description
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The project is being developed by GCL New Energy Holdings, Ruzhou County GCL Photovoltaic Power and Wuling Power. Wuling Power and GCL New Energy Holdings are currently owning the project having ownership stake of 55% and 45% respectively.
Wangzhai Solar PV Park is a ground-mounted solar project.
The project cost is expected to be around $58.8m.
Development Status
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By GlobalDataThe project construction is expected to commence from 2022. Subsequent to that it will enter into commercial operation by 2023.
About GCL New Energy Holdings
GCL New Energy Holdings Ltd (GCL New Energy) offers solutions for solar energy production including development, construction and operation of solar power, energy storage, energy conservation, smart micro-grid and distribution. It also started new business Photovoltaic Agriculture which has Oil Peony as the main business with Diversified PV agricultural greenhouses. The company operates on both centralized and distributed photovoltaic power plants. GCL New Energy develops multiple technologies for the PV power plant and also provides scientific and technical support for the construction, operation and maintenance of power plants. It offers all types of photovoltaic power plants and front-runner projects, photovoltaic poverty alleviation projects, distributed projects to traditional utility scale PV projects, ordinary projects and GCL’s power plant. The company has business presence in Hong Kong, the US, Japan and China. GCL New Energy is headquartered in Kowloon, Hong Kong.
About Wuling Power
Wuling Power Corporation, Ltd. is a China based hydro power generation company. Presently, it owns and operates 72 MW Hunan Dongping hydropower project, located in Hunan province, China.
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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.
