China’s Hunan Rich signs MOU for 1GW PV module factory in Serbia


The Serbian government and Hunan Rich signed the deal last week. Image: Emilija Jovanović

The government of Serbia has signed a memorandum of understanding (MOU) with Chinese firm Hunan Rich Photovoltaic Science and Technology to build a 1GW solar module production facility in Serbia.

Serbian minister of mining and energy, Dubravka Đedović Handanović, signed the deal last week, which will see the Chinese company invest €30 million (US 32 million) over three years to establish the plant. The site will be in the central Serbian town of Paraćin.

(The above content is reproduced from pv-tech,By Will Norman)


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