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GCL-Poly Completed the Construction and Grid-Connection of 100MW PV

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GCL-Poly Completed the Construction and Grid-Connection of 100MW PV For Immediate Release 31 December 2013 GCL-Poly Completed the Construction and Grid-Connection of 100MW PV Power Plant in Desert in Qingyang, Ningxia (In the morning of 31 December 2013, Hong Kong), GCL-Poly Energy Holdings Limited (“GCL-Poly”, stock code: 3800.HK) was pleased to announce that the 100MW large photovoltaic power plant of Ningxia Qingyang New Energy Co., Ltd.*, in which the Company owns 51% equity interests, has successfully completed the grid-connection and commenced commercial operation. With the ample sunlight resources, the availability of solar energy in Ningxia region ranked the third across the nation only after Lhasa and Hohhot. GCL Ningxia Qingyang 100MW PV power plant, located at Tengger Desert, Shapotou District, Zhongwei City, Ningxia Hui Autonomous Region, covers an area of approximately 3,450mu with an average on-grid electricity of 150 million KWh per annum. After commencing operation, the power plant can save approximately 53,000 tonnes of standard coal and reduce the emission of greenhouse gas including carbon dioxide of approximately 130,000 tonnes per year. The project enjoys preferential policy for on-grid ground-based power plants in Ningxia in 2013, securing good environmental and economic benefits. The 100MW PV power plant in Ningxia, comprised PV arrays, enables efficient wind & sand resistance, reduction in evaporation of surface water and facilitates the growth of plants, which makes it a special greening measure combining forestation and grass planting for PV wind farm and wind & sand protection area. The successful grid-connection will substantially promote the adjustment of economic structure and the nurturing of characteristics of industries in the region. Mr. Zhu Gongshan, Chairman of GCL-Poly, commented: “It’s our unshakeable development direction to fully expand new energy businesses such as PV power plants. Based on the integration of our advantages in the existing power and PV resources, we will move forward firmly our new energy business, continue to offer green energy to thousands of households and fulfill the mission to become an energy enterprise of high degree of responsibility.” * For identification purposes only 100MW PV Power Generation Project of GCL-Poly in Zhongwei, Ningxia About GCL-Poly Energy Holdings Limited (stock code: 3800.HK) GCL-Poly Energy Holdings Limited is the world’s leading polysilicon and wafer supplier as well as a top green energy investor and operator. The product quality of the Group’s polysilicon has reached electronic grade level since 2010. The Group ramped up its annual polysilicon production capacity to 65,000 MT at the end of 2011 and its wafer production capacity reached 8 GW at the end of 2011. Moreover, for the solar system integration business, the Group is devoting all its efforts to providing solar farm investors with a one-stop solar system solution from project development, engineering, procurement, construction, financing to operation and management. For more information about GCL-Poly, please visit the company’s website at www.gcl-poly.com.hk. Press Enquiry: GCL-Poly Energy Holdings Limited: Mr. Lu Yeung Tel: (852) 3761 3201 Email: [email protected] Mr. Wang Manjian Tel: (852) 3761 3239 Email: [email protected] Ms. Sheng Shin Tel: (86)512 6696 7907 Email: [email protected] Wonderful Sky Financial Group: Ms. Olive Zhang Tel: (852) 9342 5293 Email: [email protected] Ms. Erica Tao Tel: (852) 9148 0668 Email: [email protected] Ms. Shine Li Tel: (852) 6699 5207 Email: [email protected] .
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