24 June 2019

Taiwan approves GCL Poly unit’s investment plan, paper says

Mainland green energy firm GCL Poly Energy Holdings Ltd. (03800.HK) has seen its Suzhou subsidiary receive approval Wednesday from the Taiwan government to set up a solar power unit on the island with an investment of NT$48 million (US$1.6 million), Taiwan’s Economic Daily News reported the same day, citing the island’s Investment Commission under the Ministry of Economic Affairs. GCL Poly had previously signed an agreement with Taiwanese solar cell maker TSEC Corp. and distributor Hwa Lee for a strategic alliance, the report noted.

– Contact HKEJ [email protected]



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