Chint Solar Raises $50 Million

Chint Solar, a Chinese solar power producer, has raised $50 million in first-round funding co-led by Cybernaut and Shanghai Alliance Investment Ltd. Chint Solar was formed in 2006 as a subsidiary of Chinese electrical and power conglomerate Chint Group. It reached 100 MW of production capacity in July 2008, and expects to reach 1,100 MW production capacity by 2012.

28 April 2009•2 mins read
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