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China solar energy expansion requires billions

But banks wary of lending to the sector after defaults during eurozone debt crisis

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Chinese solar energy companies, some already heavily indebted, will need to raise many billions of dollars this year to fund a big expansion in capacity - a major test of investor confidence in a sector hit hard by the global financial crisis.

Shanghai

CHINESE solar energy companies, some already heavily indebted, will need to raise many billions of dollars this year to fund a big expansion in capacity - a major test of investor confidence in a sector hit hard by the global financial crisis.

Beijing last month announced

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