PVTIME – On September 14, Xinjiang Tianfu Energy Co.,Ltd.(600509.SH) announced to increase the amount of guarantee to its wholly-owned subsidiary with no more than 670 million yuan, which will be used for the construction of a 400MW photovoltaic power generation project as part of the 1GW PV project in Shihezi City of China.
The project is located in Shihezi City, northern Xinjiang, where is gifted with abundant solar resource and is great for PV energy production. The project is designed to set up solar power system with a total installed capacity of 400MW on the AC side, and 60MW/120MWh energy storage and supporting facilities.
 announced to increase the amount of guarantee to its wholly-owned subsidiary with no more than 670 million yuan, which will be used…){kind=link}