GCL signs off on 100MW module supply deal with CNI Energy

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on reddit
Reddit
Share on email
Email
The modules will be provided for GCL's new 100MW project in Funan County, China. Image: GCL

Nanjing GCL New Energy — a subsidiary of GNE — has signed off on a 100MW module supply agreement with CNI Energy for RMB (US$61 million). The modules will be provided for Nanjing’s GCL New Energy’s 100MW PV project in Funan County, Anhui Province.

This stands as the fifth time that GNE has agreed to module supply deal with CNI Energy this year — all of which provided materials for projects in China.

GCL Poly also announced that it has completed the sale of its non-solar power venture to Jiangsu Golden Concord Energy for around US$503 million. News of this sale has been in planning stages since September 2015. 

Read Next

December 28, 2020
PV Tech’s Review of the Year continues with a look back at some of the headlines from the third quarter of 2020
August 17, 2020
The announcement from Tongwei on 10 August disclosing new cell price rises was a surprise for the whole PV industry. Compared to its previous quote on 24 July, the price of poly cells rose by another 6 USD cents/W, with a further increase of 8 cents/W for 156.75mm, 158.75mm and 166mm mono cells.
November 18, 2019
China’s GCL-SI is to ship 150MW of modules to what is claimed to be Europe’s largest ongoing solar development project.
January 29, 2019
After signing off on a financing partnership with the Green Climate Fund (GCF), XacBank has become the first private bank in Mongolia to fund the completion of a large-scale PV project.
October 10, 2018
GCL System Integration Technology and Solarpro Holding and delivered on 21MW of Poly Perc modules for the construction of MET Dunai Solar Park, one of the largest PV projects developed in Hungary.
June 27, 2018
India’s unusual tender for 5GW of PV manufacturing capacity linked with 10GW of solar projects has been called many things, ranging from pioneering to fanciful, but the earliest stages have seen some of the global industry’s biggest names toss their hat in the ring.

Subscribe to Newsletter

Upcoming Events

Upcoming Webinars
August 19, 2021
At 9am (PT) | 6pm (CEST)
Solar Media Events
August 25, 2021
Solar Media Events
October 6, 2021
Solar Media Events
October 19, 2021
BRISTOL, UK