Hareon Solar Investing $1.6 Billion Into 1000 MW Solar Energy Project In Inner …

December 9, 2013 by  
Filed under Green Energy News

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Image Credit: Alashan via Wikimedia CC

Published on December 9th, 2013
by Nathan


Hareon Solar — a noted developer of renewable energy projects — recently announced its intent to invest over CNY10 billion (~$1.6 billion) into a 1,000 MW (1 GW) solar energy farm to be built in Inner Mongolia.

The deal — which was formally closed with the signing of a Letter of Intent on the 20th of November — is between the Mongolia Alashan Civil Administration and Hareon Solar.

Image Credit: Alashan via Wikimedia CC

The initial 100 MW is planned for completion sometime in 2014. It is to be located on a 4,000 acre site in the desert. Currently, project plans are being finalized and the project is going through the government approval and feasibility process. Hareon will reportedly receive some incentives for the project, but no details have been disclosed as far as we are aware.

In case you aren’t familiar with this are of the world, the Alashan region is located about 1,200 kilometers (746 miles) to the west of Beijing.

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Image Credit: Alashan via Wikimedia CC

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For the fate of the sons of men and the fate of beasts is the same; as one dies, so dies the other. They all have the same breath, and man has no advantage over the beasts; for all is vanity. – Ecclesiastes 3:19

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  • wow, just $1.6/Watt for total system install, and on a rugged terrain as the pictures imply.

    • Apparently solar is being installed in Italy for $1.33/W and in China for $1/W.

      Solar is starting to be very competitive.

      • Wish we could do that here in California, and we would be able to supply all of our electricity needs when coupled with storage. In fact we would have peak solar power production as the Central and Mountain States have peak demands.

        • China is paying $18/MMBTU for imported natural gas, vs $4 here. Makes the economics much more compelling for areas that import LNG such as China, India, S. Korea and Japan.

          • I am paying about $11/thousand cubic feet of natural gas (1.027 MMBTU), where can I get the $4/MMBTU?

          • $4 is the approximate price that the utilities pay at the Wholesale level. You can thank your local gas distribution company for the difference.

          • Wow! Even if the wholesale price of natural gas is zero, I will still have to pay $7/MMBTU! No wonder why all this fracking did not bring my bills down significantly.

          • I would bet that you see a bigger impact of lower energy prices on your power bill than on your gas bill. Many people pay more in power charges than in any other form of energy including at the pump.

            I would also bet that your utility cost is higher in California than in most other states.

          • I’m not sure where you live, but $11/thousand cubic feet is pretty high if it doesn’t include the distribution and service fees. In Georgia, we’re deregulated, and the providers have taken a cable company approach. You can sign up at ~$6 / thousand cubic feet for a year, then the price will automatically go up to $11 / thousand cubic feet. You have to call them every single year to get back on the $6 plan. Thank you deregulation! There is also a fixed charge for distribution and for customer service which is about $35 for me.

            Anyway, if you live in a deregulated state, it might be worth checking if you’re on the price gouging plan.

            EDIT: Well I’m an idiot. You stated you’re from California. That’s probably just what it costs.

  • The problem with Inner Mongolia isn’t lack of sun or wind or land – it probably has enough of all three to power the entire global population. It’s the “1,200 km west of Beijing” part. China has had severe difficulties in connecting remote wind farms to the grid. I seems very likely that the same problem applies to utility solar, and has led to the recent policy shift towards slightly less efficient distributed production where the Chinese population actually lives.

    • I thought a lot of the wind installed in China was also in Mongolia, so maybe there is some transmission line sharing that will happen. Given that land based wind normally peaks at a different time that PV.

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