On June 17, the signing ceremony of the first batch of distributed PV cooperation projects between CR Power and CR Cement in Guilin and the groundbreaking ceremony of the Pingnan Cement PV Project was held in Pingnan, Guangxi.

With an installed capacity of 34.8MWp, the Project will have an average power generating capacity of about 35.43 million kWh/a and save about 11,100 tons of standard coal per year upon its completion.