Chinese PV Industry Brief: News of 360 MW project win in Nigeria and TBEA benefits from poly shortage
State-owned China Xinhua Power Development has booked a $53 million discount on seven solar farms as developer Kongsun seeks to pay down debts, and Canadian Solar has landed a 45 MWh energy storage contract in Colombia.
Chinese PV industry brief: Jinko Power announces 1.5 GW solar project and Gaoce eyeing 10 GW of wafer production
The Jinko Power unit of the solar manufacturer is planning a huge hybrid solar and wind project and China Energy Engineering is also making, slightly more modest, plans for generation capacity, as poly maker GCL continued its great PV project sell-off.
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.
