The US subsidiary of China’s GCL-Poly has sold 92MW of PV developments in California for $266m.
GCL
Solar
Energy
sold
the
Alpaugh
50
and
Alpaugh
North
projects
to
an
unnamed
New
York-based
renewables
developer,
its
Chinese
parent
told
investors
in
Hong
Kong.
The
Alpaugh
plants
are
due
to
be
completed
by
the
end
of
the
2012
and
have
25-year
power
purchase
agreements
with
a
regional
power
company.
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