Chinese firms to plough $2.37 bln in Tibet solar power

Shanghai. June 8. China’s largest power firms have committed to improving power infrastructure in the Tibet Autonomous Region, the second announcement of its kind in as many weeks.

More than 20 domestic renewable energy firms, including Suntech Power Holdings Co. Ltd., GCL-Poly Energy Holdings Ltd. and China Guangdong Nuclear Power Corp., will commit a combined RMB 15 billion ($2.37 billion) to develop the solar power industry in Tibet over the next few years, the regional government said June 7.

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