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Evergrande scraps 90b yuan solar push as timing 'immature'

No funds spent on solar so far, says parent of most indebted Chinese developer

Beijing

EVERGRANDE Group, the parent of China's most-indebted publicly traded homebuilder, scrapped its 90 billion yuan (S$20 billion) plan to branch out into solar power, stymieing its ambitions to become a clean-energy developer.

After surveying the market, Evergrande, owned by

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