Chinese Solar Firm Plans $7 Billion Factory Powered by Clean Energy

(Bloomberg) — Risen Energy Co. Ltd. is planning to build a 45 billion yuan ($7 billion) integrated solar power factory in Inner Mongolia that’ll run on clean energy.

The plant will produce materials across the supply chain from industrial silicon to finished solar modules, the company said in a Dec. 27 filing with the Shenzhen stock exchange. It’ll also host, and draw power from, solar, wind and renewable energy storage facilities.