Sanan Photovoltaic Industry Receives 450 Million Subsidy

[High-tech LED News] Sanan Optoelectronics announced that its holding subsidiary, Suncore Photovoltaic Technology Co., Ltd., received the "Notice on Disbursing the Financial Subsidy of Rixin PV Technology Co., Ltd." from the Finance Bureau of Huainan High-tech Industrial Development Zone.

The document clearly indicates that the Japanese government has allocated RMB 450 million in “technical three” financial subsidies, and Nikken PV has received all the above subsidies on June 29, 2011.

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