GCL New Energy installs 1.1GW in H1 2016

Facebook
Twitter
LinkedIn
Reddit
Email
The company's installed capacity has now reached 2.7GW throughout China. Source: GCL.

Chinese PV energy provider GCL New Energy installed 1.1GW in the first half of 2016, according to a filing with the Hong Kong stock exchange.

The company's installed capacity has now reached 2.7GW throughout China. The company issued a positive alert to investors noting that it expected profit for H1 of no less than RMB130 million (US$19.6 million) compared to RMB71.2 million (US$10.7 million) in the same period last year.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

China saw grid connections totalling 22GW in H1 2016, largely as the result of a drop in feed-in tariff for projects connected after 30 June 2016. The capacity of projects actually constructed in H1 will have been substantially lower. Yvonne Liu of Bloomberg New Energy Finance’s (BNEF) told PV Tech that at least 3GW was built in 2015 and connected in 2016 with some connected projects built even earlier.

10 March 2026
Frankfurt, Germany
The conference will gather the key stakeholders from PV manufacturing, equipment/materials, policy-making and strategy, capital equipment investment and all interested downstream channels and third-party entities. The goal is simple: to map out PV manufacturing out to 2030 and beyond.

Read Next

September 17, 2025
Chinese module producer DAS Solar is planning a 5GW manufacturing facility focused on producing high-efficiency back contact cells.
September 16, 2025
Chinese polysilicon producer GCL-Tech has entered into a strategic financing agreement with Infini Capital, a globally renowned investment institution backed by a Middle Eastern sovereign wealth fund.
September 9, 2025
China has advanced in the integration of AI and new energy, covering areas such as power forecasting, electricity markets, and O&M.
September 4, 2025
The Czech national cybersecurity agency has warned that Chinese solar inverters represent a threat to the country’s data security.
September 3, 2025
Huasun claims it has set new record efficiencies for HJT-perovskite tandem solar cells at both laboratory and commercial scales.
September 3, 2025
LONGi, Jinko Solar, Trina Solar and JA Solar posted combined net losses of nearly RMB11 billion (US$1.54 billion) in H1 2025.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK
Solar Media Events
October 2, 2025
London,UK
Solar Media Events
October 7, 2025
Manila, Philippines
Solar Media Events
October 7, 2025
San Francisco Bay Area, USA