SHANGHAI, Apr. 11 (SMM) –Guangdong Dynavolt Power Technology Co. entered investment agreement with the government of Hubei’s Yunxi County on April 8, according to finance.ifeng.com.
The company proposed to construct 100Mwp PV power station in Hejia Town, Yunxi County, Hubei. Total investment is expected to be about 700 million yuan ($ 108.3 million). And after being combined to the grid, the project will achieve 100 million yuan in annual revenues through power generation of 100 million kwh per year.
The project will be divided into two phases with first and second phase both installing 50MWp capacity, the media said.
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