Upgrade LED lighting and other energy-saving projects Foxconn fund-raising 10 billion 600 million

Hon Hai's Foxconn follow customers of Apple footsteps, planned in the mainland factories gradually green, a reduction in carbon emissions is a lower energy costs.

According to Bloomberg, Foxconn is told investors to raise $1 billion 700 million (about 10 billion 555 million yuan) funds, will adopt energy management contract model to set up funds for construction of solar power plant, installed LED lighting and energy-saving air conditioning costs, as for days after the savings in energy costs will become the fund's investment returns.

Foxconn energy technology unit director Allen Wang said that although Foxconn has the relevant science and technology and talent, but because of the considerable scale of investment, so the source of funding is the key to the success of the plan. Only this month, Apple announced plans to build two solar power plants in Sichuan, the total size of up to 40 million watts of power (MW), Allen Wang refused to disclose whether Foxconn factory with this green plan.

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