Solar Power Prices Test a Downward Path

By staff reporter Li Qiyan and intern reporter Ma Jingying

( Magazine) China's largest photovoltaic solar power project, the 10 megawatt Dunhuang station in Gansu Province, is getting under way with a set price for electricity that may become a new, ultra-low benchmark and a ticket to success for the growing industry.

A consortium of three companies, including a Belgian firm, won the Dunhuang Project tender with an on-grid bid of 1.09 yuan per kilowatt hour.