Clean Energy Lighting up Snow-Covered Plateau Longyuan has Started the Construction of Tibet s Yangbajing 10MW Photovoltaic Power Station and Its New Type of Geothermal Power Project

On the morning of March 19, 2010, the construction of Longyuan Tibet s Yangbajing 10MW Photovoltaic Power Station and Its New Type of Geothermal Power Project was formally started at Yangbajing Town, Dangxiong County, Lasa City, Tibet Autonomous Region. Mr. Wu Yingjie, a standing member of the CPC Tibet Autonomous Region Committee and the executive Vice-Chairman of Tibet Autonomous Regional People s Government, and Mr. Yang Haibin, a vice president of China Guodian Corporation and a member of China Guodian Corporation s Party Leadership Group, were invited to attend the commencement ceremony. Mr. Xie Changjun, General Manager of China Longyuan Electric Power Group Corp., Mr. Fei Zhi, a deputy General Manager of China Longyuan Electric Power Group Corp., and persons in charge of relevant departments were present at the ceremony as well.

Such two projects will generate electric energy with a total amount of approximately 542.50 million kwh within their life cycle. In comparison with thermal electricity power generation, it will equal to accumulatively saving up about 189,875 tons of standard coal and reducing the discharge of carbon dioxide by 500,000 tons, reducing the discharge of sulfur dioxide by 2,331 tons, reducing the discharge of nitrogen oxides by 3,780 tons, reducing the discharge of dust by 150 tons, and reducing the discharge of clinker by 51,156 tons.

With such two projects completed, it will be possible to help to bridge the between the supply of and demands for electricity power in the central part of Tibet. In the meantime, it will also be possible to substantially develop and utilize the abundant solar energy resources and geothermal resources in Tibet while protecting the ecology and environment in Tibet.

Just before the commencement ceremony, China Longyuan Electric Power Group Corp. and the Development and Reform Commission of Tibet Autonomous Region have signed the Agreement on Joint Investment and Development of New Energy Power Generation Projects in Tibet. As planned by the Corporation, the total installed capacity of various photovoltaic power generation projects to be built up in Tibet shall amount to 60,000 kw by 2015 while the total installed capacity of various geothermal power generation projects shall amount to 50,000 kw and to 100,000 kw by 2020. The Corporation will also start up the prophase of various wind power projects as soon as possible and choose to conduct wind measurement on sites with good conditions for grid access, traffic and transportation, and construction and potentials for the development of wind energy resources, striving to build up 50,000 kW wind farms in places including Naqu by 2015.

On the spot of the commencement ceremony

Mr. Yang Haibin, a vice president of China Guodian Corporation, announced the commencement.
General Manager Xie Changjun delivered his speech on the commencement ceremony.