Kong Sun Holding Ltd: VOLUNTARY ANNOUNCEMENT 10 MW PHOTOVOLTAIC POWER PROJECT IN INNER MONGOLIA SUCCESSFULLY CONNECTED TO THE GRID
This announcement is made by Kong Sun Holdings Limited on a voluntary basis.The Company is pleased to announce that the commissioning of the Group’s 10 MW(megawatt) photovoltaic power project located in Ordos City, Inner Mongolia,the People’s Republic of China , has been completed andthe Power Plant has been successfully connected to the power grid on 9 December 2015.The Power Plant’s connection to the grid signifies the successful implementation of theCompany’s initiative in the development of photovoltaic power stations in the PRC. ThePower Plant is expected to generate a total of 14.9 GWh of clean electricity and reduce12,483 tons of carbon dioxide emission annually. The feed-in tariff for electricity supplied bythe Power Plant to the power grid is RMB0.90 per kWh for 20 years.
