Renewable energy a magnet for growing Xinjiang investment
By Xinhua | China Daily | Updated: 2014-09-12 07:25
The flat, windy expanses and steady sunshine in Xinjiang Uygur autonomous region have made it a magnet for investors seeking to harness the region's clean energy.
The trend was made clear as investors inked several major energy deals at the fourth China-Eurasia Expo, a six-day international event that concluded on Saturday in Urumqi, Xinjiang' s regional capital.
On Sept 2, Huocheng county of Ili Kazak autonomous prefecture, drew a 500-million-yuan ($81.5 million) photovoltaic investment project from Zhenfa New Energy based in Jiangsu province. The site is expected to be put in production this year.
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