(EnergyAsia, December 11, Friday) — Two Chinese investment firms recently bought strategic stakes in separate solar businesses. Jiangxi International Trust and Investment Co Ltd has agreed to pay RMB1.5 billion for a 15% stake in LDK Solar’s 15,000-metric ton polysilicon plant in Xinyu city. (US$1=RMB6.83). Xiaofeng Peng, chairman and CEO of LDK Solar, said: “We…
CHINA: LDK Solar sells 15% stake in polysilicon plant, CIC buys 20% of GCL-Poly Energy
Posted on December 10, 2009 by EnergyAsia