22.03.2010 - CIC, GCL-Poly Energy to launch solar power project
From China Knowledge: GCL-Poly Energy Holdings Ltd, a foreign-owned independent cogeneration plant operator in China, will start a solar power project with China Investment Corp in the near future, said an officer of the Hong Kong-listed firm. CIC, a state-owned investment firm based in Beijing, currently holds a 20% stake in GCL-Poly Energy Holdings. The two partners have set up a joint venture to develop the solar power market in China, the U.S. and Europe. The listed firm has a 51% stake in the JV, which has a registered capital of US$500 million........................................Full Article: Source
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