China Solar Projects Draw Interest From 50 Companies

BusinessWeek (Aug 12 2010) Fossil Fuel , Nuclear , Solar

1. China’s effort to double its capacity to produce solar power has attracted project bids by 50 companies, ranging from nuclear plant operators to circuit-breaker makers, one of the participants said. The tender process has generated 135 offers to build and run solar plants in six provinces, including from China Guangdong Nuclear Power Group Co., the nation’s second-biggest atomic plant builder, according to Qiu Zhanwei, vice-director of Beijing-based solar-module maker Astronergy, which also has bid. “A lot of companies are interested in getting involved in these projects as the government is keen to develop this sector and they want to get an early piece of the action,” said Dennis Lam, an analyst at DBS Vickers Hong Kong Ltd. (Read Full Article)

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