Thailand: QTC Energy buys 15% in solar firm; Huawei invests $15m in new OpenLab

A man walks past a Huawei company logo outside the entrance of a Huawei office in Wuhan, Hubei province, October 9, 2012. REUTERS/Stringer

QTC Energy diversifies into solar farm business by acquiring 15 per cent in Green Earth Power. Huawei invests $15 million to set up its OpenLab in Bangkok.

QTC Energy acquires 15% in solar farm developer

QTC Energy Plc, a MAI-listed transformer manufacturer, is to acquire a 15 per cent stake in Green Earth Power through its subsidiary QTC Global Power for 267 million baht ($7.7 million), the company said on Monday.

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