The World's First Panda Solar Power Plant Will Be Located In Datong

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Shanghai, China, 25 May, 2016 – On 24 May, in the 10th SNEC International Solar Industry and Photovoltaic Exhibition, China Merchants New Energy Group Limited ("CMNE" or "the Group") announced the world's first Panda Solar Power Plant, which was proposed by the United Nations and jointly designed and built by China and the United State, would be located in Datong.

The power plant project will be designed and constructed in accordance with the image of "Chinese national treasure" - a giant panda. It will cover a total area of about 1500 acres, with the total installed capacity of 50 MW. The black part will be composed of monocrystalline silicon solar cells, of which the supplier is China Xi'an Longji Silicon Materials Co., Ltd.; and the white part will be composed of the thin film solar cell, of which the supplier is US solar integrated solutions manufacturer First Solar. The proportion between the two modules will be 1: 1.

Earlier this year, CMNE met with Longji Share and First Solar to sign the strategic cooperation agreements. CMNE will establish "Sino-US Photovoltaic Demonstration Garden" in China with First Solar and further conduct a worldwide in-depth cooperation in the projects relating to new energy. In the meanwhile, CMNE will also cooperate with Longji Share in the field of domestic solar power plant development and construction.

Mr. Wang Mingsheng, Deputy Director of Shanxi Development and Reform Commission said: “In recent years, Shanxi Province has vigorously innovated on the photovoltaic power generation and took the lead in the implementation of ‘Top Runner Programme’, which set a good example for the country's energy transformation. The first panda photovoltaic plant located in Datong will further show our leading role in the aspect of photovoltaic innovation, and will also signify the photovoltaic innovation of Datong has changed from ‘Top Runner’ of technology to ‘Top Runner’ of mode.

Mr. Alan Li, CEO of CMNE, said, "The Solar Power Plant built in the appearance of panda can inspire teenagers to pay more attention to solar industry and lean about photovoltaic, so that teenagers over the world might be more interested to carry out the career for new energy and environmental business. I believe this project will become a scenic spot. In the future, we will build panda power plants all around the world and hope more and more countries will work together to convert our good expectations into concrete results,thus both affluent and poor areas will facilitate the use of green power.”