{"id":5605,"date":"2019-12-20T22:21:15","date_gmt":"2019-12-20T11:21:15","guid":{"rendered":"https:\/\/www.clenergy.com\/?post_type=media_press_releases&#038;p=5605"},"modified":"2020-08-04T22:33:31","modified_gmt":"2020-08-04T12:33:31","slug":"clenergy-hunan-xinhua-signed-agreement-for-77-1mw-solar-power-plant","status":"publish","type":"media_press_releases","link":"https:\/\/www.clenergy.com\/media-press-release\/clenergy-hunan-xinhua-signed-agreement-for-77-1mw-solar-power-plant\/","title":{"rendered":"Clenergy Hunan Xinhua Signed Agreement for 77.1MW Solar Power Plant"},"content":{"rendered":"<p align=\"left\">Xiamen, 20 December 2019 \u2013 Clenergy (Xiamen) Technology Co. Ltd (Shanghai Stock Exchange: SHA: 608628) and Hunan Xinhua Water Conservancy and Hydropower Co., Ltd. (hereinafter referred to as Hunan Xinhua) have entered into a cooperation agreement for a 77.1 MW\u00a0solar power plant. \u00a0Xiaoming Wang, president of Clenergy, and Wei Wang, General Manager of Hunan Xinhua, signed the agreement.<\/p>\n<p align=\"left\">Based on the cooperation agreement, Clenergy has agreed to transfer to Hunan Xinhua in cash 80% of the stock share in five of its wholly-owned\u00a0subsidiaries\u00a0in Quanzhou, Fujian.<\/p>\n<figure id=\"attachment_5607\" aria-describedby=\"caption-attachment-5607\" style=\"width: 1440px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-5607 size-full lazyload\" title=\"General Manager of Hunan Xinhua and Vice President of Clenergy at the Signing Ceremony for Cooperation Agreement for 77.1MW Solar Power Plant\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" alt=\"General Manager of Hunan Xinhua and Vice President of Clenergy at the Signing Ceremony for Cooperation Agreement for 77.1MW Solar Power Plant\" width=\"1440\" height=\"850\" sizes=\"auto, (max-width: 1440px) 100vw, 1440px\" data-src=\"https:\/\/www.clenergy.com\/wp-content\/uploads\/2019\/12\/General-Manager-of-Hunan-Xinhua-and-Vice-President-of-Clenergy-at-the-Signing-Ceremony-for-Cooperation-Agreement-for-77.1MW-Solar-Power-Plant.jpg\" data-srcset=\"https:\/\/www.clenergy.com\/wp-content\/uploads\/2019\/12\/General-Manager-of-Hunan-Xinhua-and-Vice-President-of-Clenergy-at-the-Signing-Ceremony-for-Cooperation-Agreement-for-77.1MW-Solar-Power-Plant.jpg 1440w, https:\/\/www.clenergy.com\/wp-content\/uploads\/2019\/12\/General-Manager-of-Hunan-Xinhua-and-Vice-President-of-Clenergy-at-the-Signing-Ceremony-for-Cooperation-Agreement-for-77.1MW-Solar-Power-Plant-300x177.jpg 300w, https:\/\/www.clenergy.com\/wp-content\/uploads\/2019\/12\/General-Manager-of-Hunan-Xinhua-and-Vice-President-of-Clenergy-at-the-Signing-Ceremony-for-Cooperation-Agreement-for-77.1MW-Solar-Power-Plant-1024x604.jpg 1024w, https:\/\/www.clenergy.com\/wp-content\/uploads\/2019\/12\/General-Manager-of-Hunan-Xinhua-and-Vice-President-of-Clenergy-at-the-Signing-Ceremony-for-Cooperation-Agreement-for-77.1MW-Solar-Power-Plant-768x453.jpg 768w\"><figcaption id=\"caption-attachment-5607\" class=\"wp-caption-text\">Wei Wang, General Manager of Hunan Xinhua (left) &amp; Xiaoming Wang, Vice President of Clenergy (right) at the Signing Ceremony<\/figcaption><\/figure>\n<p align=\"left\">Hunan Xinhua is an established Chinese enterprise engaged in the investment and operation of clean energy. It is held by Xinhua Hydropower Co., Ltd., which is subordinate\u00a0to China National Nuclear Corporation, one of the state-owned key enterprises. Hunan Xinhua has implemented an innovative business strategy of hydropower investment\u00a0in coordination with the development of power grid, wind power, solar power, biomass, and electromechanical information\u00a0industries.<\/p>\n<p align=\"left\">\u00a0\u201cWe are very delighted to cooperate with Hunan Xinhua, which opens up a new win-win dimension for both parties. Clenery team is in charge of the development, construction, and operation of all solar power plants in Nanan, Quanzhou in Fujian province. With extensive experience in global projects, Clenery has been committed to developing high-quality solar power plants and ensuring for the whole society more green energy \u201d commented Xiaoming Wang at the signing ceremony, Vice President of Clenergy.<\/p>\n<p align=\"left\">Upon transfer, the solar power plant will be jointly held by Clenergy and Hunan Xinhua, which marks new\u00a0patterns\u00a0of\u00a0collaboration with key centrally-administered state-owned enterprises. The cooperation not only enables Clenergy to will give full play to its advantages in the field of new energy but also facilitates the distribution of new energy in developed areas for Xinhua Hydropower Group. Both parties have agreed to carry out more strategic cooperation in the field of new energy\u00a0globally and accelerate the rapid development of renewable energy across the globe.<\/p>\n<p align=\"left\">This agreement demonstrates\u2019 Clenergy\u2019s overall strength in terms of the development, construction, operation, and marketing of solar projects. It also represents a milestone in our development of solar power plants.<\/p>\n<p align=\"left\">Clenergy will adhere to its core values of Innovation, Quality, and Service, and deliver greater benefits for its shareholders, customers, and society through the integration and optimization in the areas of resources and assets. We will also seek to\u00a0deepen our strategic partnership with major players in the coming years and explore new business opportunities in the solar PV industry, striving for a better world with more clean energy.<\/p>\n","protected":false},"featured_media":0,"template":"","media_press_release_project_type":[230],"media_press_release_region":[173],"media_press_release_tag":[],"class_list":["post-5605","media_press_releases","type-media_press_releases","status-publish","hentry","media_press_release_project_type-ground-mount","media_press_release_region-china"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Clenergy Hunan Xinhua Signed Agreement for 77.1MW Solar Power Plant<\/title>\n<meta name=\"description\" content=\"Clenergy and Hunan Xinhua have entered into a cooperation agreement for a 77.1 MW solar power plant.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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