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Sovereign Wealth Funds Briefing - Categorized | Market

GCL-Poly to supply DelSolar with 664 megawatts of solar wafers

Posted on 31 August 2010

From Bloomberg New Energy Finance: GCL-Poly Energy Holdings Ltd., in which China’s sovereign wealth fund holds a stake, signed an agreement with DelSolar Co. to supply 664 megawatts of wafers to the Taiwanese solar-cell maker. China Investment Corp., the nation’s sovereign wealth fund, acquired a HK$5.5 billion ($707 million) stake in GCL-Poly in November.
The solar wafers will be delivered from October 2010 to December 2015, Hong Kong-listed GCL-Poly said in a statement on its website today. The contract value wasn’t disclosed……………………………………….Full Article: Source


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