The two have signed a memorandum of understanding (MoU) that will also see them form a joint-venture company to make solar trackers for use at the projects they build. No timeframe is given for the 1GW target.
Under the terms of the MoU, GCL will arrange project finance and engineering, procurement and construction services for the new plants. The Chinese group will also provide all the wafers and “a portion” of the cells used.
Isofoton
