Intel Inside China: $20 Million on Solar
Wednesday, October 29th, 2008Intel Inside China: $20 Million on Solar:
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on 28 October 2008, 18:03
by Scott Martin
Intel Capital on Tuesday said it injected $20 million into Chinese solar company Trony Solar.
The Shenzhen solar company develops thin-film solar technology. Thin-film advocates point to its low usage of raw materials compared with silicon wafer-based solar cells and the potential to bring down costs.
Intel Capital’s investment in China marks its first foray into solar energy in the region. The investment arm of the chipmaker has invested more than $100 million on solar energy this year. More on this…
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Solar Power, Sustainable Investing