Ganzhao Optoelectronics announced that Yangzhou Ganzhao Optoelectronics Co., Ltd., a wholly-owned subsidiary of the company, will sign the “2MWp equipment for the procurement of 3MWp high-concentration concentrating system equipment for Qinghai Golmud Phase II 100MWp grid-connected photovoltaic power station†in Qinghai Yellow River upstream hydropower development limited liability company. The contract, the total contract amount is 256.758 million yuan.
According to the announcement, the subsidiary obtained the target of 2MWp equipment in the procurement of 3MWp high-concentration system equipment for the 100MWp grid-connected photovoltaic power station in Qinghai Golmud Phase II in late October 2012. So far, the subsidiary has received the production scheduling notice issued by the Yellow River Hydropower Company, and has started the signing (process) of the contract, and is expected to obtain the official signing of the above contract in mid-November 2012.
According to the announcement, the company has not had any business dealings with the Yellow River Hydropower Company in the past three years. According to the progress of the project, the contract is expected to be completed by December 31, 2012, and the revenue realized by the contract will be confirmed in 2013.
According to the announcement, the subsidiary obtained the target of 2MWp equipment in the procurement of 3MWp high-concentration system equipment for the 100MWp grid-connected photovoltaic power station in Qinghai Golmud Phase II in late October 2012. So far, the subsidiary has received the production scheduling notice issued by the Yellow River Hydropower Company, and has started the signing (process) of the contract, and is expected to obtain the official signing of the above contract in mid-November 2012.
According to the announcement, the company has not had any business dealings with the Yellow River Hydropower Company in the past three years. According to the progress of the project, the contract is expected to be completed by December 31, 2012, and the revenue realized by the contract will be confirmed in 2013.
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