EX-4.77






Exhibit 4.77




GRID CONNECTION AGREEMENT




(Serial Number: De Dian Ru Wang No.2009-003)




Between




Yunnan Dehong Electric Power Co., Ltd




And




Yunnan Huabang Electric Power Development
Co., Ltd.




July 16, 2009




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GRID CONNECTION AGREEMENT




Grid Party (Party A): Yunnan Dehong Electric Power Co., Ltd.

Legal Representative: Yue Zhiqiang

Authorized Representative: Liang Wenchao

Telephone: 0692-2135201

Address: No.99, Middle Section of Mangshi Street, Luxi City




On-grid Party (Party B): Yunnan Huabang Electric Power Development Co., Ltd.

Legal Representative: John Kuhns

Authorized Representative: Zhou Jianbin

Telephone: 0692-2121078





			
	Address:	 	4th floor of the Telecom Building, Buxing Street, Luxi City, Yunnan Province




In accordance with the Contract law, the Power Law, the Grid Dispatching and Administration
Regulation and the Provisions regarding the Grid Connection and Operation between the Grid and
Power Station, and the Grid and the Grid, Party A and Party B reach the following agreements
through negotiation for mutual observation.





			
	Article 1	 	Power Station connected onto the Grid





Binglangjiang
Expanded Power Station with the installed capacity of 2×10,000kw (the “Station”)
shall be connected onto the grid, and the line for grid connection shall start from the Station and
be added onto the 110kv busbar of Binglangjiang Step-up Substation by 110kv.




			
	Article 2	 	Metering Point




The electricity quantity metering point of both parties hereof shall be placed at the 6.3kv or
110kv busbar side of the Step-up Substation of the Station (of which, the metering point of both
parties during the production of the silicon factory shall be placed at the 6.3kv busbar side of
the Step-up Substation of the Station and the metering point of both parties during the production
halts of the silicon factory shall be placed at the 110kv busbar side of the Step-up Substation of
the Station).





			
	Article 3	 	Grid Connection




The technical requirements of the Station must be in compliance with the relevant regulations of
the State and come into effect upon passing through the acceptance of


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Party A and the conclusion of the Grid Connection Agreement, the Power Purchase and Sale Contract
and the Dispatching Agreement.





			
	Article 4	 	Settlement of Electricity Quantity




The electricity quantity shall be settled in accordance with the national, provincial and
prefecture regulations and the provisions stipulated in the Power Purchase and Sale Contract.





			
	Article 5	 	Obligations of Both Parties






	1.	 	During the dispatching of the Station by Party A, Party A shall arrange the dispatching to
reflect the principle of fairness, openness, economy and reasonableness and conduct the
dispatching arrangement reasonably in compliance with the provisions regarding the purchased
electricity quantity of the Power Purchase and Sale Contract.
	 
	2.	 	Party A shall arrange the power generation and the support service of the Station in a
unified way in order to satisfy the grid operation requirements.
	 
	3.	 	Party A shall do its best to prevent any damage to the grid stability, the grid breakdown and
mitigate the losses incurred by Party B due to accidents.
	 
	4.	 	Party A shall arrange the equipment maintenance of the Station in due course according to the
grid dispatching regulations, maintenance regulations, and the non-emergency defects
development tendency of the equipments of the Station raised by Party B.
	 
	5.	 	The dispatching department of Party A shall modulate the grid frequency in accordance with
the limit of 50±0.5Hz.
	 
	6.	 	Upon the Station being connected to the grid, Party B shall obey the unified dispatching
conducted by the dispatching department of Party A, strictly abide by the laws and
regulations, the industrial standards of power industry and the regulations of national power
administrative authority.
	 
	7.	 	The operation of the Station shall be in strict compliance with the grid dispatching
regulations and the dispatching instructions issued by the dispatching department of Party A.
	 
	8.	 	Party B shall try it best to prevent the occurrence of any accident that may influence the
safe operation of the grid, and submit the corresponding safety measures to the dispatching
department of Party A for record.




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	9.	 	In case of any material defect or hidden danger occurred to the main equipments of the
Station, Party B shall handle it in a timely fashion in accordance with the industrial
standards of power industry and grid design regulations and accurately report to the
dispatching department of Party A at the same time. Party B shall report the relevant result
to the dispatching department of Party A upon completion.
	 
	10.	 	Party B shall operate the Station in accordance with the dispatching plan formulated by the
dispatching department of Party A, modulate the frequency and pressure in light of the
dispatching instruction and join in the support service of the grid.
	 
	11.	 	Party B shall furnish the operation information of the Station to the dispatching department
of Party A in accordance with the regulations of power administrative authority and grid
dispatching department timely and accurately and ensure the accuracy of such furnished
information.
	 
	12.	 	During the valid term of this Agreement, in the event that Party A needs to install any
safety and stability device and conduct the corresponding technical development measures
within the Station required by the grid safety and stability, Party B shall be responsible for
the implementation and operation maintenance in accordance with the requirements of the
dispatching department of Party A.






			
	Article 6	 	Any other matters not covered herein shall be resolved by both
parties through negotiation.






			
	Article 7	 	This Agreement shall be signed in four (4) counterparts, and
each party holds two (2).





Party A: Yunnan Dehong Electric Power Co., Ltd




                         (stamp)



Representative:
/s/ Liang Wenchao




Party B: Yunnan Huabang Electric Power Development Co., Ltd.




                         (stamp)



Representative:
/s/Zhou Jianbin




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Signing Place: Mangshi




July 16, 2009





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