Noting the “huge pressure” felt by many Chinese solar companies from the anti-dumping and anti-subsidy policies in place in the European Union and the US, GCL System Integration (GCL-SI) bought a 51% stake in privately owned One Stop Warehouse. The purchase price was not disclosed.
One Stop Warehouse owns four PV distribution centres across Australia, selling modules from the likes of Hanwha Q Cells, Canadian Solar and GCL, and inverters from suppliers including SMA, Enphase and Sungrow.
GCL-SI