Solarfun (SOLF) EPC Contractor For 8MW Solar Plant In China

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10:41:41 am on October 11, 2010

Solarfun Power (SOLF) announced an EPC contract with Guangdong Guohua to design, engineer, build and supply the solar modules for an 8.1MW solar power plant in Heyuan City, China.

The plant which is subsidized by the national Golden Sun program is expected to be operational by the end of this year and cover 74 acres. 

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SOLF CEO Ping Peter Xie commented: "We are excited to have been selected for this important project.  It is the largest EPC project for Solarfun in China and should help position us well for further growth from other similar projects in the future. China will be an important market for PV projects in the future and we fully intend to devote the necessary resources to this growing region."

Shares of SOLF are up about 5% today, recovering from Friday’s sell off.

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