Oct. 10 (Bloomberg) — Solar Power Inc., a renewable-energy
developer backed by China’s LDK Solar Co., has agreed to build a
solar farm with 20 megawatts of capacity in Inner Mongolia.
The company expects to complete the project and connect it
to the grid in the fourth quarter, Roseville, California-based
Solar Power said today in a statement. Financial terms weren’t
disclosed.
The project in Wulaichabu City is Solar Power’s first in
China’s Inner Mongolia region.
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., Dylan Griffiths