On April 10th, CHINA GEZHOUBA GROUP INTERNATIONAL ENGINEERING CO.,LTD (“CGGC INTERNATIONAL”) and CPL signed an EPC contract agreement for the 90MW CSP-PV hybrid power plant project in Bangkok, Thailand. The contract value was US $ 500 million, which achieved a new breakthrough of CGGC INTERNATIONAL in the Thai market.
Photo: Signing the EPC contract
The project is located in Dongmeng County, Nong Lak District, Khon Kaen Province, northeast of Thailand. The project includes the design, procurement, construction, installation, commissioning, trial operation and supporting transmission and transformation lines of a 90MW CSP-PV hybrid solar power plant. After the project is completed, it will effectively alleviate the problem of regional power shortage and meet people's demand for electricity.
Photo: Project location
Last Novembe consortium of CGGC International and Zhejiang Supcon Solar Technology Co., Ltd. ( "Supcon Solar") just signed the EPC contract of the MINOS 50MW CSP Project in Athens, Greece.
Photo: EPC Contract Signing of MINOS 50MW CSP Project ( Mr. Li Wei from Supcon solar is on the left)
On November 11, local time, the Multilateral Cooperation Agreement for MINOS 50MW CSP Project in Greece was signed successfully, witnessed by Chinese President Xi Jinping and Greek Prime Minister Kyriakos Mitsotakis. Wang Jianping, Party Secretary and Chairman of CEEC, Chen Siqing, Chairman of Industrial and Commercial Bank of China, Kevin Sara, Chairman of the Board of Directors, Nur Energie in the UK, and Dimitris Bouras, CEO of PRENECON in Greece, signed the agreement on behalf of the leading member of EPC consortium, project financing party, project developer and local partner respectively in the Office of Greek Prime Minister. The signing of the agreement represents an important achievement in international multilateral cooperation and China-Central Europe "17+1" Energy Cooperation. It will inject a new impetus into high-quality development of the "Belt and Road" Initiative.
MINOS 50MW CSP Project image
As the first tower solar thermal power project in Greece, the project is a demonstration project for environmental protection in the world. The multilateral cooperation agreement is signed with the care of the leaders of the two countries and long-term joint efforts of financial institutions and enterprises.
Located on the Crete Island, Greece, the project features an installed capacity of 50MW molten salt solar-thermal power tower plant, with energy storage power generation of 5 hours. After completion, it can supply 10% of power required by the Crete Island, significantly increase the proportion of local clean energy, and protect eco-environment and tourism resources on the island. During construction, the project will effectively promote local employment and drive upstream and downstream development of the solar thermal power industry.
The project is financed by Chinese, Greek and regional multilateral financial institutions under the leadership of the Industrial and Commercial Bank of China, and developed, built and operated by Chinese enterprises in cooperation with Greek and British enterprises, with the total investment of about 290 million euros. The combined development of the project has set an example for Chinese and western financial institutions and enterprises in cooperation in the third-party market in Greece, and has been included in a number of intergovernmental cooperation framework agreements such as the China-Greece Three-Year Cooperation Plan and China-UK Cooperation in Third-Party Market Development, as a typical project of international multilateral friendly cooperation.
Greece is not only an important pivot of land and maritime silk roads, but also the first European country signing the MOU on the "Belt and Road" Initiative with China. The Greek Prime Minister Kyriakos Mitsotak is described the MINOS 50MW CSP Project as one of the "key green projects" and a kind of "strategic investment" in his opening remarks of the Thessaloniki International Fair this September.
