Washington, Jan 6(ANI): A US-based renewable energy company has signed a memorandum of understanding (MOU) with a Chinese company to jointly develop the world's largest solar power plant.
According to the China Daily, First Solar Inc signed the MOU with China Guangdong Nuclear Solar Energy Development Co. Ltd. (CGN SEDC) on Wednesday.
First Solar, the world's largest maker of thin-film solar PV modules, said it will build a 2,000-megawatt (MW) solar power plant with its partners in Ordos, Inner Mongolia autonomous region in the next 10 years.
The first phase of the project is to build a 30-MW production capacity plant. The rest of the project will be completed in three stages.
"We are making efforts on establishing a global relationship between US and Chinese companies in collaboration with the Chinese local government," said Bruce Sohn, President of First Solar.
"This project will be a good start," he added. (ANI)