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China Energy Engineering

GCL Poly subsidiary sweats solar assets for $89m cash injection

The poly maker’s project development business has entered a sale and leaseback deal for a 140 MW project that will bring in a financial lift in the short-term but cost more than $31 million over nine years.

GCL New signs $5.2 million deal to manage 353 MW

Group unit Suzhou GCL Operation has agreed to provide operation and management services for 353 MW of solar capacity owned by PV investor Suzhou GCL-Poly throughout China.

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