China Greatwall to Spend Over $87 Million on Solar Projects

Oct. 22 (Bloomberg) — China Greatwall Computer Shenzhen
Co.
, which last month said it was selling shares to fund solar
developments, plans to spend more than $87 million on rooftop
and ground-mounted systems.

The Shenzhen-based company is building projects totaling 60
megawatts of capacity in Guangdong and Jiangxi provinces,
according to a statement today.

The solar farms, which require government approval, are
part of the nation’s plan to increase photovoltaic capacity in
Central and Eastern China to 10 gigawatts by 2020.

To contact the reporter on this story:
Justin Doom in New York at
jdoom1@bloomberg.net

To contact the editors responsible for this story:
Reed Landberg at
landberg@bloomberg.net
Jim Efstathiou Jr.

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