Early this month, Sky Solar (Holdings) Co., Ltd, a professional solar power system developer, announces to join hands with Shanghai Chaori Solar Energy Technology & Technology Co., Ltd (Shanghai Chaori), a noted manufacture of photovoltaic products in China to develop the European photovoltaic market through establishing a joint venture in Luxemburg, Europe. Both parties will demonstrate their own advantages to focus on the investment, development and operation of solar power projects in the nations with good sunshine and relatively favorable policies.

 

Both parties think it a promising cooperation to support long-term development strategies and fast growth mutually. Following senior capital injection from IDG and other capital ventures, as well as huge amount of approved bank credits, this cooperation will add to Sky Solar's fortune to have abundant capital to make investment in and develop the solar power projects for those who are really insterested in the low-carbon, high-quality projects. This cooperation case will demonstrate and make it to ture that "Exporting China's senior capital and service to abroad to improve the quality of photovoltaic industry", the concept that Sky Solar has been always sticking to.