Here are Asia Pacific’s five largest solar energy construction projects that were initiated in Q4 2021, according to GlobalData’s construction projects database.
1. Heng County 2.6GW Integrated Wind and Solar Storage Base – $2,002m
The project involves the construction of a wind and solar storage facilities in Hengzhou, Guangxi, China.
Construction work started in Q4 2021 and is expected to be completed in Q4 2023.
The project aims to enhance power generation capacity to meet the growing demand and provide power to households in the region.
2. Yinchuan Solar Photovoltaic Plant 2000 MW – $1,589m
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataThe project involves the construction of a 2000MW solar photovoltaic power plant in Yinchuan, Ningxia, China.
Construction work commenced in Q4 2021 and is expected to finish in Q4 2023.
The project aims to increase the power generation capacity by utilizing a renewable source of energy and cater to the current and future demand for power in China.
3. Yulin Wind and Photovoltaic Power Base 1400 MW – $1,486m
The project involves the construction of a Wind and Photovoltaic power plant in Yulin, Shaanxi, China.
Construction work started in Q4 2021 and is forecast to complete in Q4 2023.
The aim of the project is to meet the growing demand for electricity in China.
4. Kuqa Solar Photovoltaic and Green Hydrogen Plant – $471m
The project involves the construction of a solar photovoltaic and green hydrogen plant with a production capacity of 20,000 tons of green hydrogen per year in Kuqa, Xinjiang, China.
Construction work commenced in Q4 2021 and is expected to be completed in Q2 2023.
The project aims to amplify increase energy production in the region.
5. San Marcelino Solar Farm 283 MW – $106m
The project involves the construction of a 283MW solar power plant on 300ha of land in San Marcelino, Zambales, Central Luzon, the Philippines.
Construction work started in Q4 2021 and is expected to be completed in Q2 2023.
The project aims to address the growing demand for power in the region. The project will be the largest solar farm in the country, capable of producing over 421GW of renewable energy per year.
Methodology:
This analysis is drawn from GlobalData’s global construction projects database, which tracks new construction projects over $25m from announcement to completion.
Verdict’s parent company GlobalData plc provides business information to 4,000 of the world’s largest companies.