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Xinjiang GCL New Energy Materials Technology Co Ltd

China Power’s Hong Kong business on track for return to China

The High Court has approved plans for the Chinese state-owned power company to reassume control of its Hong Kong-listed solar project development business.

GCL Poly realizes swift $166m profit in Xuzhou to pay down debt

The polysilicon giant’s Jiangsu Zhongneng unit invested $196 million into a $487 million fund alongside public partners to promote clean energy manufacturing in the Chinese city. A stake sale in the Xinjiang GCL subsidiary, if approved by shareholders, will more than recoup the group’s outlay.

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