Hareon Solar Announces 3,350 MW Worth Of New Solar PV Projects

3,350 MW worth of new solar PV projects were recently announced by the China-based company Hareon Solar Technology.

The projects, which have all now been signed off on, are set to be developed throughout China and Turkey. In accompaniment to these deals, Hareon has reportedly secured financing from two large Chinese banks — altogether totaling RMB20 billion ($3.25 billion) in funds.

Hareon Solar

Without taking the new deals into account, the company’s total overseas project development pipeline through 2017 stands at around 6.27 GW. So once the new deals are factored in, that number will be pretty substantial. A large portion (3.3 GW) of the previous projects are being developed in Turkey — as with many of the new projects.

Among the deals is a particularly large one with the Turkish Agricultural Credit Cooperative Central Union (TKKB) and the Swiss-based ILB Helios Energy to develop projects totaling around 2.5 GW over the next three years. The projects will be constructed on land owned by some of the TKKB’s 11 million farmer members.

The first phase of that partnership will see a “pilot” project totalling 300 MW developed. The planning phase on the pilot is expected to be completed later this year.

Other deals include a number with regional governments in China — these projects are divided amongst distributed generation projects and other “unspecified” PV projects, totaling somewhere around 700 MW.

100 MW are via an agreement with Chicheng Industries Demonstration Zone in Zhangjiakou City. Another 100 MW are via an agreement for a number of rooftop solar PV projects at Akagi Park.

The other 500 MW is via a deal with the Suihua City Industrial Park.

Image by Hareon Solar

James Ayre

James Ayre's background is predominantly in geopolitics and history, but he has an obsessive interest in pretty much everything. After an early life spent in the Imperial Free City of Dortmund, James followed the river Ruhr to Cofbuokheim, where he attended the University of Astnide. And where he also briefly considered entering the coal mining business. He currently writes for a living, on a broad variety of subjects, ranging from science, to politics, to military history, to renewable energy.

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12 thoughts on “Hareon Solar Announces 3,350 MW Worth Of New Solar PV Projects

  • The deal in Turkey is that you need a licence for solar projects over 1 MW, and the pipeline for larger ones is jammed. But there is a boom in unlicensed projects just under the limit (link). It’s a handy sized utility block, so you don’t lose much in the way of economies of scale. Hareon’s deal with a large cooperative is a clever way of marketing these 0.999 MW kits to Anatolian farmers, who have lots of land and sun. A mistake by the government, but it will turn out rather well.

    • That reminds me of the 59 watt incandescent bulbs I’m seeing on sale.

      Except this is a good thing.

      • Hi Bob, just finished up a very busy day and ready to crash so no rush on this.
        But with the excellent job you do of keeping track of references, and researching different items wonder if you know the answer to this question..
        In this article and quite a few others seen recently in different places there is information on how the financing for renewable energy projects is coming from the Swiss. South Africa, North Africa, South America, China, India, and other parts of Asia and the Pacific just to name the ones remembered.
        Could it be possible and is there any way to find out if this is a sign of the Swiss banks with their large reserves of the world’s capital starting their own divestment of interests in the fossil fuel industries towards renewables?
        I’m tired and maybe the brain isn’t working so well, so maybe this is just a pipe dream, but it would be some very encouraging news if true.

        • I haven’t tracked the investment side very much. The World Bank has announced that they intend to finance no more coal plants. (They did leave themselves a bit of wiggle room in case they encounter an exceptional need.)

          Deutsche Bank went negative on coal some time ago. It was one of their executives, I think, who first called coal a dead man walking. Citigroup has also been pretty down on coal and supporting of renewables lately.

          That’s all I know about specific banks. I will leave you with this most entertaining graph showing what has happened to coal stock in the last couple of years.

          • As per coal this is a great graph to be seeing, if only oil and natural gas were following the same downward curve
            It seems like for most of my life the security and secrecy of the Swedish banks has been something that you hear of. So possibly what I am curious about isn’t information that is available.
            But with so many projects showing up that have Swiss participation it just seems possible that some divesting is going on.

          • Wind and solar are going to hit coal. Are hitting coal. And they’ll push NG off as we go along.

            Need those cheaper EV batteries in order to go after oil. Although PBO’s higher CAFE standards are going to help a lot.

          • I know that the change is happening, but at times I get anxious for it to happen sooner out of dread for my kids having to deal with the effects of the temperature change in 25-50 years if things move to slowly.
            Even though they are discussing ways of changing global temperature if the CO2 effects get out of hand, kind of dread that also, because any experimentation is going to need implementation and what if they do it wrong?

          • We have the advantage of being able to protect ourselves from the worst problems of climate change. Unlike people who live hand to mouth in places where the environment already is a frequent life-canceling force.

            I think one, if they have the options, protects themselves and their next generation by living in a place where you’re protected from enormous storms and severe drought.

            Get out of the way of extreme weather and rising waters.

            Get an acre or so in order to grow some of your own food if the price of food becomes a real budget strainer. (My father had a half-acre garden and fed a family of four. We seldom bought vegetables.)

            If it gets hotter, put more solar panels on your roof and run your AC at a higher setting.

            25 to 50 years out is too far for me to make any meaningful predictions. I suspect we will have significantly lowered our CO2 emissions by 25 years from now. I would not bet against us being essentially zero-carbon by 2050.

            I don’t think it entirely impossible that we will have invented some reasonable way to re-sequester carbon by 2050.

            Use the way-back machine. Think back to 1989, 25 years ago. Then think back to 1964, 50 years ago. Think how much we’ve learned, how much we’ve invented since those years.

            I think we need to focus on the short term. Figure out how to reduce CO2 and other GHGs quickly in order to make the remediation (or adaptation) process easier.

          • I agree that all of those suggestions are feasible, it is just a tiny concern that I consider at times. That is if we do get the high sea level rises then all the people from the Gulf Coast, Florida, and the South Atlantic Coast are going to be headed this way.
            I like the country life, and want the same for my sons , so would dislike the whole area having a population rise like used to be concentrated in Copperhill.

          • From what I know about climate change I think there is little we can do to stop sea levels rising. People are going to be pulling back from coastlines. Whether that means that lots will move much higher rather than just moving to higher land close to where they now are is unclear.

            I think we’re pretty much stuck with population growth and displacement for a while. We’ve baked momentum into the system and that’s going to keep things changing for decades.

            Right now what we need to do is to cut our GHG emissions so as to not screw over later generations. We’re leaving them enough of a mess as it is. Avoiding a 2C temperature rise is a goal we should be able to accomplish over the next 35 years.

          • I know that the control of the GHG’s is the primary concern and am doing what I can for my part and to encourage others.
            With such a large proportion of the population living fairly close to the coasts, and a lot of that coast only 300-500 miles away from me it could give a person bad dreams to think about them all running this way like lemmings when the waters start rising.

          • Q. Granpa, where were you when 3C happened?
            A. Changes subject – Wow looks like we have a great football season coming up!

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