Warwick Ventures watches as China Invests in Clean Technology

Online, October 9, 2009 (Newswire.com) - Warwick Ventures is excited to report on China's first large scale solar power development. Suntech Power, a global manufacturer of crystalline silicon photovoltaic (PV) modules, has announced the completion and grid connection of the first 10MW utility-scale solar power project in China. Suntech designed, installed and managed the development of the solar system and holds a minority share of the project, explained Tony Peters.

Located in Shizuishan, Ningxia Autonomous Region, the 10MW ground mount solar system is the first phase of a 50MW solar plant that is targeted to be completed by 2011 in conjunction with Suntech's strategic partner, China Energy Conservation Investment Corporation (CECIC).

The 10MW solar system, which was approved by the Ningxia Autonomous Region Development and Reform Commission in June, 2009, is powered by more than 37,000 Suntech solar panels and is projected to displace approximately 20,000 tons of carbon dioxide emissions per year.