GCL-Poly to Abandon Pricey US Expansion Plans

published 2023 年 04 月 26 日 9:30
Bloomberg reports, “US policies are attractive, but not attractive enough.” GCL-Poly Energy Holdings, the world’s second-largest manufacturer of polysilicon, is considering opening its first overseas factory. However, it may abandon plans to build a factory in the United States due to high costs. ...  more

GCL to Raise RMB 6 Billion for Projects Related to TOPCon Cells and Energy Storage Systems

published 2023 年 04 月 13 日 9:30
In late March, GCL announced that it plans to launch a private placement with the goal of raising no more than RMB 6 billion. After deducting the expenses, the net proceeds will be used to fund the development of two new manufacturing projects and supplement its working capital. This announcement was first picked up by other Chinese news outlets. ...  more