Jan5
ICG and Zhejiang Sanhua Co. Agree on Joint Investment in HelioFocus
1/5/2010 9:38:00 AM by ICG News room
IC Green energy and Zhejiang Sanhua Co signs a joint Investing agrement to keep Investing in Helio focus an Israeli CPV company .


From left to right: Israel Corp. CEO, Nir Gilad, Sanhua’s Zhang Dao Cai, ICG CEO & President, Yom-Tov Samia, and Ori Zik.
 
ICG and Zhejiang Sanhua Co. have entered into a Mutual Investment Agreement to jointly invest in HelioFocus, an Israeli based developer of Concentrated Solar Power (CPS).
Sanuha is the first Chinese company to invest in Israel solar market and joins ICG in developing renewable energy source.

Read more about this transaction (in Hebrew): Calcalist, NRG and Tashtiot

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