This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Nevada Governor Pays A Visit To ENN To Reinforce Further Business Ties









LANGFANG, China, Sept 21, 2012 /PRNewswire/ -- Brian Sandoval, Governor of U.S. State of Nevada, paid a visit to ENN's headquarters in China on Wednesday, underscoring Nevada's efforts to strengthen its business partnership with the clean energy company.

(Photo:   http://photos.prnewswire.com/prnh/20120921/CN79362 )

Sandoval said that his trip to ENN has greatly enhanced the mutual understanding between ENN and Nevada. He added he's very impressed by the company's cutting-edge technologies in the clean energy arena and its dedicated commitment to unremitting innovation.

ENN visited the USA this February, when it signed a cooperation pact with Nevada government, under which ENN will invest billions in Nevada's Laughlin to build a clean energy eco-center, including a solar photovoltaic generation base, a solar manufacturing base as well as a future energy eco-city.

The MOU was inked during the State-visit of Xi Jinping, China's vice-president, to the United States.

This mega project has been embraced by the local officials. ENN's investment "will be a huge boost for Laughlin and Southern Nevada if we can make that happen," said Steve Hill, Nevada's state director of economic development, was quoted by Vegas Inc as saying.

The project is estimated to create thousands of jobs once the clean energy eco-center starts operation.

During his visit to ENN on 19 th September, Governor Sandoval also reiterated his strong support for the investment. He said: "I'm very glad to visit ENN. It's thrilling to see the company's achievements in the past 23 years and its leading position in the industry now. ENN's investments in Nevada are seamlessly integrated into the diversifying economic development target that Nevada is in pursuit of. We will fully support the company's investment in our state and look forward to seeing fruits of the undertaking."

Wang Yusuo, ENN's Chairman of the board, expressed his warm welcome to the Governor's visit to ENN and his tremendous support and attention on ENN's investment in the state. "It's a great honor for ENN to participate in and contribute to Nevada's progress in economic diversification. We will make endeavors to drive the development of the project and we believe this project will mutually benefit both the state and ENN," Wang said.

Sandoval's visit to ENN is part of his pioneering 10-day trip, with a delegation of 16 business and government leaders, to China and South Korea on a trade mission, in a bid to foster the relationship between the state and Chinese companies against the backdrop of global economic distress and to pave the foundation for Nevada's growth over the next 20 years.

Nevada exports to China in 2011 reached $424 million, down 7 percent from 2010, but more than double the $211 million in 2009, according to the U.S. Department of Commerce.



1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 17,826.30 -279.47 -1.54%
S&P 500 2,081.18 -23.81 -1.13%
NASDAQ 4,931.8150 -75.9760 -1.52%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs