Fwd: China’s Ningxia Region Approves 60 Wind, Solar Power Projects

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China's Ningxia Region Approves 60 Wind, Solar Power Projects
2010-12-27 09:57:47.297 GMT

By Bloomberg News
Dec. 27 (Bloomberg) -- China's region of Ningxia approved
60 wind and solar power projects in the first 11 months of 2010,
according to the country's environmental ministry.
The projects include 42 wind farms with a total capacity of
more than 2 gigawatts and 18 solar power plants totaling 356
megawatts, the Ministry of Environmental Protection said today
on its website. The projects have a combined value of about 26
billion yuan ($3.9 billion) and will cut 4 million tons of
carbon emissions annually, according to the ministry.
Power from the wind farms will have a price of 0.58 yuan a
kilowatt-hour, according to data from Bloomberg New Energy
Finance. Ningxia, which doesn't have a fixed price for solar
power, set an interim tariff of 1.15 yuan a kilowatt-hour in
April for four solar plants in the region.

For Related News and Information:
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New Energy Finance news and analysis: BNEF <GO>

--Editors: John Buckley, Todd White

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