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Huaneng Power buys stake in Qidong Windpower
By Zhang Qi (chinadaily.com.cn)
Updated: 2009-04-02 15:44 Huaneng Power International announced on Thursday that it would purchase a 65 percent stake of Qidong Windpower for 103 million yuan ($15.07 million) from its parent company Huaneng Group's subsidiary Huaneng Renewable Energy Co.
The company said annual power generation could reach 200 million kWh since the wind farm went into commercial operation in March. (For more biz stories, please visit Industries)
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