PACIFIC ASIA CHINA ENERGY INC. announced the closing of the plan of arrangement under which Green Dragon Gas (”Green Dragon”), through its wholly-owned direct and indirect subsidiaries, GREKA China Ltd. and GREKA Acquisitions Ltd. (”GREKA”), acquired all of the Company’s outstanding shares at a price of CDN$0.35 per share in cash, for total cash proceeds [...]

LDK Solar Co signed a five-year contract to supply multicrystalline solar wafers to China-based Jiangxi Solar PV Corp.
LDK Solar will deliver about 70 megawatts of the wafers to JSPV, a new venture created by U.S.-based Solar PV Corp., over a five-year period starting in 2009. Financial details were not disclosed.
LDK Solar shares rose $1.74, [...]