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Alcoa, China Power Agree to Work on $7.5 Billion of Clean Energy Projects
Jan. 20, 2011 12:36PM PST
Market NewsBloomberg.com reports that Alcoa (NYSE:AA) has entered into an agreement with China Investment Power Corp. work on $7.5 billion of clean-energy and smelting projects.
Bloomberg.com reports that Alcoa (NYSE:AA) has entered into an agreement with China Investment Power Corp. work on $7.5 billion of clean-energy and smelting projects.
The story is quoted as saying:
The companies plan to develop wind- and solar-energy projects and “state-of-the-art” aluminum-smelting plants in China in the “coming years,” New York-based Alcoa said in a statement yesterday. The companies may also look at opportunities to collaborate outside China.
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