Alex Solar Awarded 1GW Solar Project by the City of Jinchang

JINCHANG CITY, China, May 9, 2012 /PRNewswire-Asia/ -- On May 3rd, the Jinchang Municipal Government and Shanghai Alex Solar Energy Science and Technology Co., Ltd ("Alex Solar"), a vertically integrated solar product manufacturer and PV system solution provider, signed an agreement to develop 1GW of photovoltaic solar capacity in the Jinchang city development center over a 5-year plan extending to 2016. The signing ceremony marks the beginning of Alex Solar's long-term growth plan to expand in the municipality of Jinchang, a city known for its vast land and rich sunshine. The total investment is said to be about 11 billion yuan and is owned, financed and developed solely by Alex Solar. The company will build solar power stations in the western slope of Jinchang City and the new factory will be developed in the area identified as the new Economic and Technological Development Zone which has a scale of 300 MW alone.

ZHANG LINGPING, Municipal Party Committee Secretary, presided over the ceremony and expressed warm congratulations on the success of the project. "This project happens just in time to support China's 12th Five-Year Plan for National Economic and Social Development focusing on the energy, technology and health care sectors," says Zhang.

ZHANG LIANWEN, Chairman of Alex Solar, says the signing ceremony is an opportunity to seek further cooperation with the city of Jinchang in order to continue our mission of "utilizing science and technology to improve the quality of life for all people domestically and abroad," says Zhang Lianwen. "Alex Solar is happy to spearhead the growth in the city of Jinchang."

ABOUT ALEX SOLAR

Alex Solar is a high-tech enterprise engaged in the research and development, manufacture, sales, and technical support of crystalline silicon solar modules and solar cells, and photovoltaic application systems. The company has several projects in Europe, Australia, and Asia and complies with territory regulations having obtained certifications such as OHSAS, ISO, IEC, RINA, TUV, UL, CE, MCS, CEC, and PV CYCLE. Alex Solar currently has a vertically integrated annual production capacity of 600 MW.

ABOUT JINCHANG CITY

Jinchang City is located in northwestern Gansu Province at the north foot of the Qilian Mountains and known for its vast land, natural resources, dry climate, and rich sunshine. The city is also the home to China's largest nickel deposits.

For media inquiries, contact Ky Hester at ky.hester@alex-solar.com