Sky Solar Holdings, Ltd. announced that it has entered into a 25-year Power Purchase Agreement with two wholly-owned subsidiaries of Shenzhen Kaifa Technology Co., Ltd., to develop a 1.7 MW rooftop solar project in Suzhou, China. This will be Sky Solar’s first distributed generation project in China. Pursuant to the PPA, Sky Solar China will be the independent power producer that develops, owns, and operates the project. Upon completion, Shenzhen Kaifa will purchase more than 85% of the electricity generated from the project, with the balance being sold to the State Grid. The project is anticipated to be completed before year-end.