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Pasadena's ESolar lands 2,000-megawatt deal in China
http://www.latimes.com/business/la-fi-solar9-2010jan09,0,5577310.story
ESolar Inc. of Pasadena signed an agreement Friday to build a series of solar thermal power plants in China with a total capacity of 2,000 megawatts, in one of the largest renewable energy deals of its kind.
Coming four months after an Arizona company, First Solar, secured a contract to build an equally large photovoltaic power plant in China, the ESolar deal signals China's emergence as a major market for renewable energy.
"They're moving very fast, much faster than the state and U.S. governments are moving," said Bill Gross, ESolar's chairman and the founder of Idealab.