Chinese solar farm $2m crowd-funding
A state-backed firm teamed up with Chinese online financiers to fund off-grid solar facility in Qianhai, near Shenzen, southern China.
United Photovoltaics Group, controlled by state-backed finance-to-logistics conglomerate China Merchants Group, aims to raise 10 million yuan through what it claims to be the world’s first megawatt-scale, off-power-grid solar farm project funded by an internet “crowd fundraising” platform.…
February 20, 2014
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