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Intel Capital Bets $20 Million on China Solar Play

Stock quotes in this article: INTC  

Written by Ucilia Wang

Intel Capital said Tuesday it has made its first cleantech investments in China, which included a $20 million deal for Trony Solar Holdings Co.

Trony, one of China's largest solar energy and wind power equipment makers, plans to use the money for research and development, the Associated Press reported.

The company, founded in 1993 and based in southern China's tech hub Shenzhen, makes conventional silicon and amorphous-silicon thin-film cells, along with inverters, controllers, solar batteries and other equipment. ...

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