GCL New Energy Holdings has issued a profit warning for 2015, despite connecting 1.02GW of solar capacity to the grid. Cumulative installed PV capacity reached 1.6GW by 31 December, 2015. It partly attributed the anticipated loss to the potential disposal or closure of its printed circuit-board business in Dongguan, in southern China’s Guangdong province. The company — which plans to build 7.5GW