The Hong Kong-listed company and its shareholder firm, Renewable Energy Trade Board, have agreed to jointly acquire Changzhou Dinhui New Energy for 10m yuan ($1.6m).

Changzhou Dinhui, a subsidiary of PV module maker Zhongli Talesun, owns roughly 180MW of solar projects in Gonghe, in western China’s Qinghai province.

Last August, Goldpoly bought 300MW of capacity from Zhongli Talesun, as part of a 2GW framework agreement the two sides signed in 2012.

Goldpoly