Goldpoly starts acquisition of 300MW projects

Facebook
Twitter
LinkedIn
Reddit
Email

PV manufacturer Goldpoly is continuing its shift downstream with the imminent purchase of projects totalling 300MW from Zhongli Talesun.

The move, by Goldpoly subsidiary China Solar Power Group (CSPG), is not yet confirmed. A statement released to the Hong Kong Stock Exchange said CSPG would acquire the project companies behind the projects in their entirety assuming “certain conditions were met”. The majority of these are linked to CSPG ensuring all the plants’ paperwork is in order.

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

According to the statement, the projects, located in Gansu, Qinghai, Xinjiang and Jiangsu provinces, will all be completed by the end of 2013.

CSPG will make a minimum of 9% on its investment, or a minimum of 10% if the average price of electricity from the plants is above RMB1 per kWh (US$0.16 per kWh).

CSPG, formerly known as China Merchants New Energy Holdings, was acquired by Goldpoly in June of this year for HK$2.12 billion (US$273 million).

Read Next

September 9, 2025
Iberdrola has signed a 77MW power purchase agreement (PPA) with Italian grocery retail group Selex Gruppo Commerciale.
September 9, 2025
Nautilus and Summit Ridge Energy secured major financing deals to expand community solar projects across multiple US states.
September 9, 2025
The US is forecast to reach between US$55-60 billion in clean energy tax credit monetisation in 2025, according to a report from clean energy financing technology platform Crux.
September 9, 2025
The average price of solar modules sold in Europe fell marginally between July and August, while buyers’ confidence remained steady.
September 9, 2025
The US Solar Energy Industries Association (SEIA) has released a policy blueprint which it claims would “strengthen the reliability of America’s electric grid with solar and storage technologies.”
September 9, 2025
US solar tracker manufacturer Nextracker has acquired Origami Solar, a steel frame technology-focused company, for approximately US$53 million. 

Subscribe to Newsletter

Upcoming Events

Solar Media Events
September 16, 2025
Athens, Greece
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