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Article: NEW WORLD POWER CORPORATION SIGNS JOINT VENTURE TO DEVELOP RENEWABLE ENERGY IN CHINA
- Article from:
- PR Newswire
- Article date:
- November 2, 1994
CopyrightCOPYRIGHT 1994 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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LIME ROCK, Conn., Nov. 2 /PRNewswire/ -- The New World Power Corporation (Nasdaq-NNM: NWPC) announced today that it has signed a joint venture agreement with China Chang Jiang Energy Co. Group and Metropolitan Enterprises Corporation to develop renewable energy projects in China. The new venture has been named "Shenzhen China Chang Jiang New World Power Company" (Chang Jiang New World) and will establish headquarters in Shenzhen, near Hong Kong.
Chang Jiang New World will build, own and operate various wind farms, hydro and solar facilities to generate electricity. Power purchase contracts in China will be procured with national, regional and city power departments as ...
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