PVTIME – On June 8, Datang Huayin Electric Power Co.,Ltd.(600744.SH) announced to invest in photovoltaic power generation project in the heavy metal pollution area of Huayin Cold River Tin Mine, with a planned installed capacity of 200MW.
Datang Huayin is a subsidiary of China Datang Corp and is mainly engaged in electric power projects, real estate investment and renovation services. It will set up a company to take charge of the solar power project. The total investment will be CNY 1.083 billion, which the cost of transmission lines for connecting the power plant to the grid is involved. The capital of the project will allocate at 30% of the total investment, and the rest funds will be provided by commercial bank loan.