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Foxconn, GCL-Poly to Build, Operate Solar Power Plant in China

Foxconn Technology Group and GCL-Poly Energy Holdings Ltd. will build and jointly operate a solar-power plant in China’s Shanxi province.

The companies will share revenue from selling electricity to the government utility at the 310-megawatt plant which will use GCL’s solar cells to be assembled by Foxconn, Shu Hua, executive president of Hong Kong-listed GCL told Bloomberg News yesterday. He declined to give the investment amount or revenue split for the facility, which will be fully operational during the first half of next year.