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GCL Planning 60 GW Solar Panel Plant Expansion (Int'l. Report)
GCL System Integration Technology
Date: 2020-03-30
Chinese solar panel manufacturer GCL System Integration Technology Co. is reporting plans to invest 18 billion yuan ($2.54 billion) to construct a 60 gigawatt per year solar-panel manufacturing plant -- sufficient capacity to meet fully one-half of global demand, in eastern Hefei province.

The timing of the planned 4-phase expansion had not been announced. The world's present largest solar panel maker JinkoSolar has 16 gigawatts of capacity. (Source: GCL Systems, PR, Bloomberg, 28 Mar., 2020) Contact: GCL Solar, +86 512 6983 2999, +86 512 6983 2777-- fax, gclsisales@gclsi.com, www.gclsi.com

More Low-Carbon Energy News GCL System,  Solar,  Solar Panel,  


SoftBank Supports $930Mn Indian Solar Initiative (Int'l Funding)
SoftBank,GCL System Integration Technology
Date: 2018-04-06
SoftBank Group Corp reports it will launch a $930 million Indian joint solar PV energy venture with Chinese firm GCL System Integration Technology Co Ltd as part of its India solar investment roadmap.

GCL will provide technology and SoftBank will assist in land acquisition and regulatory approvals for the 4 GW project. SoftBank will hold 60 pct of the venture's shares and GCL will own 40 per cent, according to a Shenzhen stock exchange filing.

Funding for the project will come from SoftBank's Vision Fund with over $93 billion, making it the world's largest private equity fund. (Source: Softbank, Business Standard, 2 April, 2018) Contact: GCL System Integration Technology, en.gcl-power.com/site/integrated; SoftBank Group, www.softbank.jp/en

More Low-Carbon Energy News SoftBank,  Solar,  GCL System Integration Technology,  

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