China's Electric Power Development Surges on USD1.6 Billion Solar, Wind Power Plans
China's Electric Power Development Surges on USD1.6 Billion Solar, Wind Power Plans Tang Shihua China's Electric Power Development Surges on USD1.6 Billion Solar, Wind Power Plans (Yicai Global) Feb. 24 -- Shares of Guangdong province-based Electric Power Development rose after the Chinese electric utility said that it will invest CNY10.5 billion (USD1.6 billion) in photovoltaic and wind power projects in western China over the next three years. EPD's stock price [SHE:000539] was 3.3 percent up at CNY3.75 (58 US dollar cents) in the afternoon after jumping as much as 7.7 percent earlier. T...