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GCL-Poly And Goldpoly Announce Joint Venture

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Cooperation will see 300 MW capacity wafer plant in Quanzhou
GCL-Poly (Suzhou) New Energy Limited, has announced plans to build a 300 MW capacity wafer plant in Quanzhou in cooperation with Goldpoly. New Energy Holdings Limited. 

Mr. Shu Hua, the Executive Director and President of GCL-Poly, stated, “We are very pleased to establish a long-term strategic relationship with Goldpoly which is a leading photovoltaic enterprise in the south-eastern region of Mainland China. Goldpoly is the first solar cell manufacturing company established in Fujian Province. We have cooperated with them for many years and have established trustful relationship with each other. 

Goldpoly focuses on technology research and development, improves cell conversion efficiency, and develops innovative technologies and new products continuously. We are committed to capitalising on our expertise in upstream manufacturing to support Goldpoly. Both of us are dedicated to product quality and our commitments to customers, keeping order development in the market, and maintaining the long-term interests of the industry. This joint venture is not only a further development of the new mode of strategic cooperation between GCL-Poly and its downstream customers, but at the same time a strategic move by GCL-Poly to the south-eastern region of Mainland China. It helps GCL-Poly to extend its business coverage to Taiwan and the emerging markets in the South-East Asia, which is strategically important to GCL-Poly.” 

Mr. Ka So Yiu, Executive Director of Goldpoly New Energy Holdings Limited, said, “GCL-Poly has been one of our high-quality suppliers and important strategic partners. The signing of the cooperation agreement reinforces the competitive advantages of each other and the confidence in the solar business. This joint venture matches the future expansion plan of Goldpoly, and further assures our raw material supply.”
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