China’s Sany Plans 1 GW Renewable Energy Capacity In India

[SBUS-CXK]

Chinese industrial group Sany has announced plans to set up large-scale wind and solar power projects in India.

According to media reports, the group has signed a memorandum of understanding with the state government of Gujarat to set up 1 GW of wind and solar power capacity between 2017 and 2022. In addition to power projects the company shall also set up manufacturing facilities for wind energy equipment.

The total investment planned by Sany in the state’s clean energy and infrastructure development is $2 billion.

The group had announced similar plans last year following discussions with the Indian Prime Ministry Narendra Modi. At that time Sany had expressed plans to set up 2 GW renewable energy capacity in the states of Maharashtra and Andhra Pradesh at a total investment of $3 billion.

Several Chinese companies have announced partnerships with Indian companies. In July 2015, Zhenfa New Energy Science and Technology signed an agreement with Rolta Power to set up 2 GW of solar power projects by 2020, with a total investment of $2.03 billion. JA Solar entered an agreement with Essel Group to set up 1 GW manufacturing facility for solar cells and modules, while Hareon Solar announced partnership with ReNew Power to invest in and supply solar modules.

http://cleantechies.com/2016/11/30/chinas-sany-plans-1-gw-renewable-energy-capacity-in-india/

 

[livingdead]

nice... we need more chinese investment.

 

[P@nThEr]

Awesome news..
Chinese were also one of the biggest supplier during the solar project in Tamilnadu..

 

[Nanga Tarzan]

Brother China investing in India?? If not higher than himalayas, our "friendship" is at least hugher than qutub minar

 

[SBUS-CXK]

Awesome news..
Chinese were also one of the biggest supplier during the solar project in Tamilnadu..

I dont know the news, you can provide links to me?

 

[P@nThEr]

I dont know the news, you can provide links to me?

http://www.suntech-power.com/news/news156.html
http://www.business-standard.com/ar...cturing-facility-in-india-115051801182_1.html

 

[Rajaraja Chola]

It will be interesting to see who wins the renewable energy competition among Indian states Its a really good thing. We can also try harvesting tidal energy using innumerable islands near our coast.

 

[SBUS-CXK]

It will be interesting to see who wins the renewable energy competition among Indian states Its a really good thing. We can also try harvesting tidal energy using innumerable islands near our coast.

Haha, yes.
In fact, I feel incredible, because SANY is the world's top 5 construction machinery manufacturers. Now I know they do the same for renewable energy.

 

[MultaniGuy]

Cant blame China, what China is doing in her business interests.

 

[SBUS-CXK]

Cant blame China, what China is doing in her business interests.

This has nothing to do with the Chinese government, which is the investment of Chinese private enterprises in India.

All Chinese companies mentioned in the thread are private companies. Including SANY.

 

[MultaniGuy]

This has nothing to do with the Chinese government, which is the investment of Chinese private enterprises in India.

All Chinese companies mentioned in the thread are private companies. Including SANY.

Ah, I see, now I understand.

These are ventures done by private enterprises.

 

[SBUS-CXK]

Ah, I see, now I understand.

These are ventures done by private enterprises.

You know, now China's export there are some problems, so we need to invest to open the market.
Please understand us.