Energy

Wed, 09/08/2010 - 15:52

State-run companies begin bidding war for PV projects

by Terry Wang

Shanghai. September 6. INTERFAX-CHINA - After China's National Energy Administration (NEA) opened bidding for 13 photovoltaic (PV) power projects on Aug. 10, several large state-owned companies surprised industry experts by quoting relatively low power tariffs. The move has led some industry insiders to surmise that these companies have entered into a bidding war to win development contracts and edge out private companies.

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