China’s solar inverters and energy storage system manufacturer KSTAR has announced recently that it has signed a Memorandum of Understanding (MoU) for 76MW solar project of Ukraine with CMEC (China Machinery Engineering Corporation) and a Dubai PV developer in UAE.
The Chinese giants KSTAR and CMEC have teamed up with a Dubai PV developer to sign a memorandum of understanding that will be willing to finance,design,construct, procure and operate and maintain the solar renewable business and projects in Ukraine with the production of PV panels and inverters.
Each party believes that it has relevant experience and capabilities that are valuable for the preparation of a successful proposal for these businesses.
The parties are actively looking for cooperation in acquisitions of solar renewable projects and development of solar renewable projects.
The parteis agree to co-operate and collaborate and support the Dubai PV developer to implement the project with a timely basis.CMEC and KSTAR agree to co-operate with the developer to be partner as developer to implement the project.
According to KSTAR’s project manager Ven Zhou, the company’s collaboration with CMEC will act as a supporter towards PV development in Ukraine, making it easier for customers and the local people to access solar power.
KSTAR has installed more than 1.5GW solar inverters in Ukraine. Most of the PV projects are ground-mounted PV projects, like a turnkey solution (96 units of GSM2500C-MV35) to the 240 MW Pokrovska SPP in Ukraine in Oct 2019. They have a good performance and win a great reputation from our customers.
“As one of PV and ESS leaders, our company and CMEC cooperation will help Ukraine going towards a clean, low-carbon future,” said Ven Zhou from KSTAR. “Our aim is to provide the favorable quality of service in solar industry to our clients in Ukraine and other countries.”
