Suqian Xiehe New Energy Co., Ltd. (hereinafter referred to as “Suqian Xiehe New Energy”)
Suqian Xiehe New Energy was developed and founded jointly by Shanghai Electric Power and Xiehe Wind Power Investment Co., Ltd, a wholly-owned subsidiary of China Wind Power Group Co., Ltd., with a registered capital as 30 million yuan. Currently, the shareholding ratio of Shanghai Electric Power in Suqian Xiehe New Energy is 51%. Its main business is photovoltaic power. And its major investment is the 9.3-megawatt roof photovoltaic power project, located in Yiwu Wholesale Market and Huaihai Construction Material Market, Suqian, Jiangsu Province; 39,600 pieces of photovoltaic modules are installed on the roofs of Yiwu Wholesale Market and Huaihai Construction Material Market, with a total volume as 9.3 megawatts, among which 8.87-megawatt photovoltaic modules have been put into production at the end of 2011.