Northwest China's largest papermaking company Murray Paper yesterday announced that the company plans to invest 84 million yuan to build 3 megawatts of solar power stations, the average annual generating capacity of 440.7 million kwh.

"The power of the power station is all digested by the company itself." Murray Paper Securities, a person in charge yesterday told the "First Financial Daily", half of the total investment is subsidized by the state investment.

Meili Paper said that Ningxia Zhongwei City Murray Industrial Park annual sunshine hours in 2845h or more, the total solar radiation amounted to 6038MJ / (㎡ a), solar energy is rich in resources.

In 2008 the country has accumulated a total installed capacity of about 140 megawatts. The real tide of domestic solar power plants began to erupt from this year. Not long ago, the National Development and Reform Commission on the western 280 MW of solar power projects for public tender.

China Renewable Energy Society Photovoltaic Professional Committee Director Zhao Yuwen previously reported to the newspaper this year, China will add at least 500 megawatts of photovoltaic installed capacity, and as of the end of 2009, the national PV installed capacity of only 300 megawatts.

Once the cost of solar power close to thermal power, will be quite competitive, for the company can significantly reduce costs. The same is true for papermaking companies. This industry is a large energy consumption, in recent years, the increasingly fierce competition in the paper industry, some of the company's product structure is unreasonable, resulting in a small profit margins, electricity prices for the industry a considerable impact.

Earlier this year, in response to the international financial crisis, Ningxia in the normal price basis, per kilowatt-hour electricity concessions 0.08 yuan to 0.1 yuan. But from June 1 this year, Ningxia to cancel the high energy-consuming industries preferential tariff. After the cancellation of preferential tariffs, Ningxia high energy-consuming enterprises, the average price of electricity per kilowatt-hour 0.42 yuan, and in the implementation of preferential tariff period, the high energy-consuming enterprises, the average price of electricity was once 0.32 yuan per kilowatt-hour.

The first three quarters of this year, the United States and Lee paper loss of 96.3165 million yuan, although the main reason for the loss is not the main business problems, but the cost of rising Meili Paper is also a constraint.