Binhai Investment Unit to Develop 3.51MW Rooftop Solar Projects
Binhai Investment Company (HKG:2886) said its non-wholly owned unit Qiyuan Intelligent Control will invest in and build distributed photovoltaic projects in Deqing County, Zhejiang, with expected total capacity of 3.51 megawatts.The projects will use rooftops leased from two local entities for 15 years from grid connection and power generation.Qiyuan Intelligent Control will handle project construction, equipment procurement and operations, and will receive the power sales proceeds, government subsidies and renewable energy certificate income.