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Hareon Solar Technology Co Ltd to Set up Three Joint Ventures

Monday, 15 Jul 2013 08:00pm EDT 

Hareon Solar Technology Co Ltd announced that it has decided to invest RMB 150,000 to set up three joint ventures with a Jiangxi-based investment company, with each holding a 5% (the Company) and a 95% stake, respectively for the implementation of a 19 megawatt, a 100 megawatt and a 20 megawatt photovoltaic power generation project. The three joint ventures, all with a regsitered capital of RMB 1 million, will be mainly engaged in the solar power generation, provision of technical service and construction of solar power plant.