Suzhou GCL New Energy and GCL System Suzhou have agreed to jointly invest 200 million yuan ($29 million) in projects in China.
The panel manufacturer, which operates a production facility in Oregon hopes the president’s call for strict enforcement of U.S. trade laws will give it, as well as other domestic panel companies, a better chance against Chinese competition.
On Friday, the EU published in its Official Journal the 18-month extension of antidumping and anti-subsidy duties on Chinese solar products, including notification of a partial interim review of the measures. The review could lead to the gradual reduction of duties and minimum import prices. The EU will also consider if the Minimum Price Undertaking agreement is still of relevance.
The Chinese integrated PV manufacturer’s stock has traded above the New York Stock Exchange’s (NYSE) minimum threshold of $1.00 per share for 30 straight days.
The Chinese state-owned power producer has connected three projects to the grid in eastern and northern China.
The Shenzhen stock exchange has approved a proposal by Suzhou GCL New Energy Investment, a unit of the Chinese PV group, to issue the bonds.
The Shanghai-based integrated solar specialist has completed the purchase of 51% of the entire issued share capital of developer Forum (Asia).
The PERC upgrade cycle continues at pace in 2017, with it continuing to deliver orders to Swiss equipment supply giant Meyer Burger. Today it announced a new $23.7 million order for an unnamed Chinese manufacturer.
The Chinese solar glass manufacturer reported net income of HK$1,985.6 million ($255.8 million) in the 12 months to the end of December, from HK$1,205.6 million a year earlier.
The U.S. solar maker and two Chinese companies are planning to build out the massive factory in eastern China, making good on the promise to transition to the lower-cost P-Series.
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