In late November, the Hong Kong-listed company revealed plans to buy majority stakes of at least 80% in 195MW of PV plants, as the first deal in a broader 400MW agreement it has signed with a group of companies.

Last August, Goldpoly conditionally agreed to buy 400MW of capacity in China as part of the Photovoltaic Green Ecosystem Organization (PGO), which includes GD Solar, Guodian Inner Mongolia New Energy and Forty-eighth Research Institute.

PGO