Immediate Release 3 April 2012
Grand Ceremony Held for Commencement of Construction of Northern Gas Turbine Co-generation Project in Suzhou Industrial Park
(3 April 2012, Hong Kong) GCL-Poly Energy Holdings Limited
("GCL-Poly", "the Group", stock code: 3800.HK) is pleased to
announce that, a grand ceremony was held on the project
construction site in Suzhou Industrial Park ("SIP")
to celebrate the commencement of construction of the Northern
Gas Turbine Co-generation Project (the "Project"),
which is jointly invested by GCL-Poly, CNPC Kunlun Natural
Gas Exploitation Co., Ltd., CS SIP Public Utilities
Development Group Co., Ltd., and Suzhou Industrial Park Co.,
Ltd.. On 31
March 2012 morning, Mr Jiang Hongkun, Member of CPC Jiangsu
Provincial Standing Committee and Secretary of CPC Suzhou
Municipal Committee, Mr Cao Fulong, Member of the Standing
Committee of Suzhou Municipal Party and Executive Deputy
Mayor of Suzhou City, Mr Ma Minglong Member of the Standing
Committee of Suzhou Municipal Party and Secretary of the
Working Committee of SIP, Mr Yang Zhiping, the Deputy
Secretary of the Working Committee of SIP and Director of
Administrative Committee of SIP, Mr Zhu Gong Shan, Chairman
of GCL-Poly, and leading officials from CNPC, attended the
ceremony and laid the foundation stone for the Project.
The Project, as one of the key projects under the
"Twelfth Five-Year" plan of Jiangsu province, will
make use of CNPC's natural gas as fuel which is clean energy
transmitted from West to East China. The installed capacity
of the Project is 2X180 MW, with a total investment of
RMB1.51 billion and annual gas consumption of 500 million
cubic meters. The effective equity interest of the Group in
the Project is approximately 37% of which the investment cost
is equivalent to approximately RMB 560 million. The Project
is designed to reduce emissions of carbon dioxide by 500,000
tonnes, sulphur dioxide by 1,400 tonnes,
water consumption by 8.08 million tonnes and ash and dust by
300,000 tonnes respectively. The Project can satisfy SIP's
rising demand for heat supply and at the same time, alleviate
the conflicts of power supply and demand in Suzhou region,
thus greatly improve the city image and enhance its regional
overall competitiveness.
Mr Zhu Gong Shan, Chairman of GCL-Poly, expressed that,
"For over two decades since the establishment of GCL
Group, we have always been committed to the philosophy of
"Change the World with Green Energy", and developed
into a global leading renewable and clean energy enterprise.
The Project, which was included on the key projects list of
Jiangsu province, is a showcase project for building an
ecological industrial park. The Group will give full support
to the Project, and with joint efforts from all parties, we
strive for early completion of the Project and turn it into a
world-leading, eco-environmentally friendly clean energy
showcase project. As a result, we positively contribute in
establishing Suzhou to become an eco-friendly city."
GCL-Poly Energy Holdings Limited is the world's leading
polysilicon and wafer supplier as well as a top green energy
investor and operator in China. The product quality of the
Group's polysilicon has reached electronic grade level since
2010. The Group ramped up its annual polysilicon production
capacity to 65,000 MT at the end of 2011 and its wafer
production capacity reached 8 GW at the end of 2011.
Moreover, for the solar system integration business, the
Group is devoting all its efforts to providing solar farm
investors with a one-stop solar system solution: from project
development, engineering, procurement, construction,
financing to operation and management.
For more information about GCL-Poly, please visit the
company's website at www.gcl- poly.com.hk.
Press Enquiry:
GCL-Poly Energy Holdings Limited:
Mr. Chau Tien Hsiang | Tel: (852) 3761 3130 | Email: tienchau@gcl-power.com.hk |
Mr. Joseph Chow | Tel: (852) 3761 3168 | Email: josephchow@gcl-power.com.hk |
Mr. Wang Manjian | Tel: (852) 3761 3239 | Email: wangmanjian@gcl-power.com.hk |
Ms. Jessy Fang | Tel: (852) 3761 3281 | Email: jessyfang@gcl-power.com.hk |
Wonderful Sky Financial Group: | ||
Mr. Hon Fung | Tel: (852) 6335 5933 | Email: hf@wsfg.hk |
Ms. Yolanda Wang | Tel: (852) 6997 6805 | Email: yolandawang@wsfg.hk |
Ms. Sharon Xie | Tel: (852) 9738 4364 | Email: sharonxie@wsfg.hk |
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| This press release was issued by GCL-Poly Energy Holdings Ltd. and was initially posted at http://www.gcl-poly.com.hk/attachment/2012040316155817_en.pdf . It was distributed, unedited and unaltered, by noodls on 2012-04-03 11:42:45 AM. The issuer is solely responsible for the accuracy of the information contained therein. |