Polaris solar PV net news: linyang Electronics today announced that capital holdings company intends to invest 134 million Yuan Qian-China agriculture development company limited of Inner Mongolia will further expand the company’s solar projects, power plants and other operations in the western area.
This capital increase Solarfun e-all with their own money. Neimengqian China 193 million yuan of registered capital after the capital increase, linyang electronics accounts for registered capital of 69%. Dry Inner Mongolia China agricultural development company limited was established in May 2013, registered capital of 60 million Yuan, operating range: vegetables, flowers, fruits, forage cultivation and sales; photovoltaic, solar energy related product development and sales mainly engaged in photovoltaic power plant business, which trades for the solar power industry.
Solarfun electrons in the Inner Mongolia capital increase through investment holdings neimengqian China will further expand the company’s solar projects, power plants and other operations in the western area, to further enhance the company’s ability to expand business in the region, and enhance corporate profitability, in line with the development needs and long-term planning.
Linyang electronics made in the first half, and company to become China’s largest operator of distributed PV in the East, in addition to actively promoting Tongzhou, signed outside the project in the Gulf over the next two or three years, the company plans to develop more than 500-800MW of distributed PV.
Original title: Solarfun e 134 million dollar capital increase neimengqian power station in Western China expand business