Solarfun Signs Agreement to Build 100MW Solar Power Plant in Jiayuguan City, Gansu Province
December 04 2009 - 3:00AM
PR Newswire (US)
SHANGHAI, Dec. 4 /PRNewswire-FirstCall/ -- Solarfun Power Holdings
Co., Ltd. ("Solarfun" or "the Company") (NASDAQ:SOLF), a vertically
integrated manufacturer of silicon ingots and photovoltaic cells
and modules in China, today announced that Jiangsu Linyang Solarfun
Co., Ltd., a wholly owned subsidiary of Solarfun, has signed an
agreement with the government of Jiayuguan City, Gansu Province,
under which Solarfun agreed to build a 100MW solar power plant. To
support this project, Solarfun agreed to construct a module
production facility in Jiayuguan City. Jingchang Zhang, Vice Mayor
of Jiayuguan City, commented, "Jiayuguan is a famous tourist
attraction in western China. Its abundant sunshine makes it an
attractive location for solar projects. We have interviewed many
solar module suppliers in China and are confident that Solarfun
will be a good partner for our development." Peter Xie, President
of Solarfun, commented, "We continue to make progress in building a
meaningful presence in the rapidly developing China market. We
appreciate the opportunity to partner with Jiayuguan City towards
their firm commitment to renewable energy development." The
commencement of this project is subject to feasibility studies,
financing and further government approval. This report on Form 6-K
is hereby incorporated by reference into the Company's Registration
Statement on Form F-3 ( Registration No. 333-152005) filed on July
14, 2008. About Solarfun Solarfun Power Holdings Co., Ltd.
manufactures ingots, PV cells and PV modules, and provides PV
module processing services to convert PV cells into modules.
Solarfun produces both monocrystalline and multicrystalline silicon
cells and modules. Solarfun sells its products both through
third-party distributors, OEM manufacturers and directly to system
integrators. Solarfun was founded in 2004 and its products have
been certified to meet TUV and UL safety and quality standards. For
further information, contact: Solarfun Power Holdings Co., Ltd.
Paul Combs V.P. Strategic Planning 26F BM Tower 218 Wusong Road
Shanghai, 200080 P. R. China Tel: 86-21-26022833 / Mobile: 86 138
1612 2768 E-mail: Christensen Kathy Li Tel: 480 614 3036 E-mail:
Roger Hu Tel: 852 2117 0861 E-mail: DATASOURCE: Solarfun Power
Holdings Co., Ltd. CONTACT: Paul Combs, V.P. Strategic Planning,
Solarfun Power Holdings Co., Ltd., 86-21-26022833, Mobile, 86 138
1612 2768, ; Kathy Li, +1-480-614 -3036, , Roger Hu, 852 2117 0861,
, both of Christensen
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