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First Solar Drops Plan for World’s Biggest Plant in China

First Solar Inc. won’t be building the world’s largest solar plant in China after more than four years of negotiations on pricing failed to produce an agreement.

First Solar had planned to build the 2,000-megawatt Ordos project in Inner Mongolia and sell the output to China’s power grid. Terms for selling the power were never agreed to, said Steve Krum, a spokesman for Tempe, Arizona-based First Solar.