China's leading Monocrystalline wafer producer, Solargiga has acquired Chinese solar EPC services provider, Jinzhou Wintek Silicon Materials for approximately US$2.5 million. Solargiga’s ingot/wafer subsidiary, Jinzhou Yangguang was responsible for the acquisition.
The company noted that the acquisition of Jinzhou Wintek would provide further sales channels for its existing products as well as support growth in its downstream PV project business.
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Jinzhou Yangguang had previously created a JV to support PV module sales and build PV projects including BIPV in China.
