Monocrystalline wafer producer Comtec Solar Systems Group said it was preparing to acquire an unidentified PV power plant project company to enter the downstream business.
The target company was said to be engaged in project development services and the development of downstream solar power projects in China and was currently engaged in around 70MW of projects in 2016.
This article requires Premium SubscriptionBasic (FREE) Subscription
Unlock unlimited access for 12 whole months of distinctive global analysis
Photovoltaics International is now included.
Already a subscriber? Sign In
- Regular insight and analysis of the industry’s biggest developments
- In-depth interviews with the industry’s leading figures
- Unlimited digital access to the PV Tech Power journal catalogue
- Unlimited digital access to the Photovoltaics International journal catalogue
- Access to more than 1,000 technical papers
- Discounts on Solar Media’s portfolio of events, in-person and virtual
Comtec said that the target company also had a PV project pipeline through 2018 totalling around 300MW.
Rival wafer producers such as GCL-Poly and Longi Silicon Materials have both entered the downstream PV project development market in recent years.
