Solar Power Inc. to Build 30-Megawatt Project in Inner Mongolia

Oct. 14 (Bloomberg) — Solar Power Inc., a renewable-energy
developer backed by China’s LDK Solar Co., has agreed to build a
solar farm with 30 megawatts of capacity in Inner Mongolia.

Solar Power’s Xinyu Xinwei New Energy unit signed a
construction agreement with Alxa League ZhiWei PV Power Co., the
Roseville, California-based company said today in a statement.
The project is expected to connect to the power grid by the end
of March. Financial terms weren’t disclosed.

It’s Solar Power’s second accord this month to build a
project in China’s Inner Mongolia Region. Solar Power also is
building a 20-megawatt power plant in Wulaichabu City.

LDK owned 42 percent of Solar Power as of Aug. 19,
according to a company filing.

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., Robin Saponar

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