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CWP and CNNC ink investment agreement for China solar projects

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Independent financial advisers CWP and new energy projects investment firm CNNC Rich Energy have penned a Strategic Cooperation Agreement for a series of energy projects in China. Under this agreement, CWP and CNNC Rich Energy will mutually invest in and construct a portfolio of wind and solar power projects in Chinese market.

Both sides’ target is to build more than 100MW of new energy projects in 2013. In total, the companies are expecting to install 500MW wind power projects and 200MW solar power projects by 2015.

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