Solar power plants to spring up in China
From ChinaDaily.com
Two large solar power plants will be built in the western plateau provinces of Qinghai and Yunnan in 2009, with the expectation for China to cut domestic reliance on coal and oil.
The Qinghai project, a gigawatt-level solar station, will begin the first phase construction in 2009. The plant was funded by an initial investment of 1 billion yuan (US$146 million). It could become the world’s largest when completed, according to a recent joint statement of the developers.
The NASDAQ-listed China Technology Development Group Corp. (CTDC) and the privately-owned Qinghai New Energy Group are overseeing the design, construction, installation and operation of the station.
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