The agreement was signed between the two companies on 28 April 2012, and under the terms of the agreement Talesun will source, develop and construct the PV plants.
The companies will discuss about the cooperation on project initiative funding immediately after the successful implementation of the first project under the build and transfer model.
As a part of the agreement, the two companies have set a target of 100MW to be developed in 2012, while the target development in the year of 2013 is 200MW and in 2014 they have agreed to reach 200MW goal.
Talesun Solar USA is a subsidiary of Zhongli Talesun Solar, and producer of solar modules and cells.
CGN Solar is a wholly subsidiary of China Guangdong Nuclear Power Holding Co, is a clean energy corporation under the supervision of the state-owned Assets Supervision and Administration Commission of the State Council of China.
