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State-owned group buys photovoltaics in Spain

The Spanish government has given the green light for the largest-ever ever purchase of photovoltaic plants by the Chinese state-owned company China Three Gorges (CTG). CTG has been given permission to purchase plants with a capacity of 619 megawatts from Nexwell Power, local media reported on Thursday. The transaction is the largest of its kind in Spain to date. CTG already announced the purchase last June.

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