The signing ceremony for the memorandum of cooperation between Hainan State and Global Solar ** Company's 1GW solar power generation base was held at Shengli Hotel, marking that the largest solar energy company in Europe settled in Hainan. Vice Governor Wang Lingxuan, Hainan State Party Committee Du Jie, State Party Deputy Governor, State Governor Zhang Wenkui, and Global Solar Power Company Chairman Javier and other leaders and guests attended the signing ceremony.

Hainan is rich in solar lighting resources. It has been determined that the average annual sunshine in Hainan is more than 2,700 hours. Solar direct radiation is very strong. In particular, the total solar radiation in the Republican region is 165.5 kcal per square meter, which is higher than most of the same latitudes. It has high development and utilization value and provides favorable conditions for the development of solar energy industry. Global Solar ** is an investment group focusing on the construction of clean energy, and it is also a large clean energy company in the world. It has strong financial strength, and has a deep technology deposit in the renewable energy industry, with independent property rights. Solar project supporting equipment and the industry's top experts, in 2010 by the European solar industry authority research institute IHS rated Europe's largest renewable energy development company (solar energy).

Du Jie said that in recent years, Haizhou has been relying on the advantages of abundant solar energy resources, convenient traffic conditions, large land area, and high grid coverage to actively develop the solar energy industry and strive to build an important new energy industry strategic base in the province. The signing of a memorandum of understanding with Global Solar Power Co., Ltd. is a successful attempt by Hainan to use foreign capital for new energy development. It has explored a new cooperation model and development path for the development of solar power generation.