Solargiga, Motech to put 600 MW of new module capacity online in 2016


The solar industry is seeing a new wave of capital spending, with factories announced and under construction in Southeast Asia, India and the United States. However, last week saw one of the few announcements for new capacity within China.

In a Thursday notice on the Hong Kong Stock Exchange, Solargiga revealed plans to put 600 MW of PV module capacity online over the course of 2016, under a joint venture with Motech. Solargiga already has 600 MW of module production, and this will effectively double its capacity.

Solargiga and Motech will together invest US$3.1 million into Jinzhou Yangguang Motech Renewable Energy. This will give Motech a 19% of the company, as Solargiga had already invested US$6.2 million in Jinzhou Yangguang when it was established in October.

The JV company will also focus on design, construction and engineering of PV plants.

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact:

Popular content


Related content

Elsewhere on pv magazine...

Leave a Reply

Please be mindful of our community standards.

Your email address will not be published. Required fields are marked *

By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.

Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.

You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.

Further information on data privacy can be found in our Data Protection Policy.