GCL-Poly Energy, Foxconn Technology partner for solar plant in Shanxi province

Facebook
Twitter
LinkedIn
Reddit
Email

Bloomberg has reported that GCL-Poly Energy Holdings and Foxconn Technology Group plan to cohesively work on building and operating a solar plant in China’s Shanxi province. The 310MW plant will use GCL’s solar cells, which will be assembled by Foxconn, with both companies agreeing to share the revenue produced from selling the electricity to the government utility.

Shu Hua, executive president of Hong Kong-listed GCL declined to inform Bloomberg what the investment amount or revenue split for the facility, would be. However, Shu did note that total budget for the plant, in Shanxi’s Datong region, was initially based on a cost of US$1.58/W, which has since dropped to about US$1.43/W. The solar plant is anticipated to be in full operational by first half of next 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

Read Next

Premium
October 10, 2025
Gaëtan Masson of IEA PVPS warns of overcapacity, collapsing prices and slipping module quality in the new Trends in PV Applications report.
October 10, 2025
The European solar module market has reached a “state of equilibrium” in recent weeks, with stable prices and regular demand.
October 10, 2025
US solar recycling firm OnePlanet has achieved the R2v3 certification from electronics sustainability non-profit SERI, which represents the “highest standards of traceability”.
October 10, 2025
NTPC Renewable Energy Limited has signed an MoU with the Government of Gujarat to develop 15GW renewable energy projects in Gujarat.
October 10, 2025
Australia's renewable energy sector recorded its slowest month of the year for additions in September, with 5.8GW of new projects added to development pipelines, according to data from Rystad Energy.
October 9, 2025
The Australian government has announced the results of the fourth Capacity Investment Scheme (CIS) tender, with 6.6GW of renewables awarded long-term contracts.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
October 21, 2025
New York, USA
Solar Media Events
November 25, 2025
Warsaw, Poland
Solar Media Events
December 2, 2025
Málaga, Spain
Solar Media Events
February 3, 2026
London, UK