GCL-Poly to Buy SunEdison’s Material Business for $150 Million

  • SunEdison filed for Chapter 11 bankruptcy protection in April
  • Deal to help GCL-Poly to enhance production, technology

GCL-Poly Energy Holdings Ltd., the world’s biggest maker of polysilicon for solar cells, agreed to purchase the solar-material business of bankrupt U.S. renewable-energy company SunEdison Inc. for $150 million.

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