By .(JavaScript must be enabled to view this email address) - 18 November 2011, 15:14
In News, Power Generation, Project Focus

GCL-Poly to install 1GW in Datong, China

GCL-Poly will install the 1GW in Datong City, China.

Financials

3800

HKG

1.77

-0.11 (-5.85%)

3:59PM GMT+8

GCL-Poly has signed a provisional agreement with CGN Solar Energy Development (CGN) to install 1GW of solar capacity in China’s Shanxi province.

Engineering, procurement and construction (EPC), as well as on-site management, carried out by GCL, while CGN, a subsidiary of China Guangdong Nuclear Power Group will provide technical assistance. GCL is planning to install the 1GW in Datong City on a phase-by-phase basis, with CGN signing separate contracts for each stage.

Although a formal contract is yet to be signed, CGN has agreed to make a down-payment to GCL-Poly before construction begins. No further details about the project or its construction timetable have been revealed.

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GCL-Poly to install 1GW in Datong, China

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