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4,150 MW Of New Solar Via New GCL-Poly Projects

4,150 MW worth of new solar energy projects are now set to be developed in China thanks to a series of new deals just inked by GCL-Poly. All of the new deals are currently set to be completed by the year 2016.

The new deals include: one with Guodian unit GD Solar to develop 3 GW of solar PV capacity; one with Xi’an Huanghe Photovoltaic Technology Company to develop the 150 MW Yulin Hengshan solar farm, which GCL-Poly will take a 49% stake in; and one with CSR Zhuzhou National Engineering Research Center of Converters Corporation for the development of 1 GW of new solar PV by 2016.

Image Credit: Polysilicon via Flickr CC

Image Credit: Polysilicon via Flickr CC

In addition, GCL-Poly and Guodian Solar have also entered into an agreement that will see GCL-Poly buy 255 MW worth of already completed solar PV projects that Guodian owns.

The news comes via a recent statement released by GCL-Poly to the Hong Kong stock exchange — announcing the intention to add 800 MW of solar PV capacity this year, as well as the longer-term goals + new deals.

GCL-Poly, as of right now, has about 560 MW worth of solar PV capacity under construction — a figure that’s quite substantial on its own, but should start to rise considerably soon, thanks to the new deals.

In related news, thanks to considerable and growing demand, GCL-Poly is (once again) looking to expand its production capacity, with the new aim being to increase poly capacity by around 40% and increase wafer capacity by 1 GW.

This will be accomplished through the building of a new FBR-technology-based poly plant. Given that GCL-Poly already produces nearly 25% of the world’s poly and wafers, the increase in capacity is certainly interesting.

 
 
 
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Written By

James Ayre's background is predominantly in geopolitics and history, but he has an obsessive interest in pretty much everything. After an early life spent in the Imperial Free City of Dortmund, James followed the river Ruhr to Cofbuokheim, where he attended the University of Astnide. And where he also briefly considered entering the coal mining business. He currently writes for a living, on a broad variety of subjects, ranging from science, to politics, to military history, to renewable energy.

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