CETC to Invest RMB 1B in Tianjin PV Base
Release Date: 2009-05-04
Chinese conglomerate CETC and the Tianjin government plan to jointly establish a new company in the city's Binhai district that will invest a total of RMB 1 billion to construct a solar cell base, reports Tianjin Daily citing a contract signed April 30. The base is expected to expand from 100MW to 500MW, said the report. The parties will also jointly invest RMB 2 billion to set up a base for the research and development of photoelectric technology in Tianjin's Airport Industrial Zone and establish a 500MW thin-film cell base, the report said.
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