China’s CETC to invest $50 million in Andhra Pradesh solar unit

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Published: January 19, 2018 1:56:58 AM

CETC Renewable Energy Technology Corporation (CETC), an ancillary of China Electronics Technology Group, has signed a memorandum of understanding (MoU) with the Andhra Pradesh Economic Development Board (APEDB) to set up a solar manufacturing plant in Chittoor district of Andhra Pradesh at an investment of $50 million.

China, CETC , Andhra Pradesh solar unit, Beijing, APEDB, Fortune Global, Chittoor district, Renewable EnergyCETC, headquartered in Beijing, is a Fortune Global 500 company and the largest electronic player in China. (IE)

CETC Renewable Energy Technology Corporation (CETC), an ancillary of China Electronics Technology Group, has signed a memorandum of understanding (MoU) with the Andhra Pradesh Economic Development Board (APEDB) to set up a solar manufacturing plant in Chittoor district of Andhra Pradesh at an investment of $50 million. CETC, headquartered in Beijing, is a Fortune Global 500 company and the largest electronic player in China. It has 18 national key laboratories, 10 national research and innovation centres and a workforce of 1,50,000 employees.

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