Hong Kong, Sept 2, 2009 - (ACN Newswire) - GCL Solar Energy Technology Holdings Inc. ("GCL Solar" or the "Company"), a subsidiary of GCL-Poly Energy Holdings Limited ("GCL-Poly", stock code: 3800.HK), has recently signed a lease for 10,000 square feet of office space in Richland, Washington, USA.
Mr. ZHU Gong Shan, Executive Director, Chairman and CEO of GCL-Poly, said, "GCL Solar is focused on enhancing its in-house R&D capabilities and strives to implement the best-in-class technologies in the production of polysilicon and wafers. We have recently leased office space in Richland, Washington, USA for the purposes of setting up an R&D center. We chose this location due to relatively easy access to engineers and solar industry experts as well as the availability of advanced technology support facilities to assist in our R&D activities. We intend to recruit the best talents to help us improve on the efficiency of our polysilicon production process, develop advanced technologies to drive the build-out of a world-class wafer business, explore cutting-edge solar technologies to ensure future growth and profitability, as well as form strategic partnerships with world-class engineering and technical firms. Working in cooperation with the existing R&D center in Xuzhou, Jiangsu province, China, our US R&D center will focus on advanced next-generation solar technologies including new technologies for use in the polysilicon manufacturing process so as to further improve on production efficiency and strengthen the Company's in-house R&D capabilities."
About GCL-Poly Energy
GCL-Poly Energy Holdings Limited is a world leading polysilicon manufacturer for the solar industry and a leading integrated green energy enterprise in China. Production capacity of GCL Solar, a subsidiary of the Group, is expected to reach 18,000 metric tonnes of polysilicon by the end of 2009, and 1 GW of solar wafers by mid 2010. In addition, the Group operates a total of 18 cogeneration power plants, 1 incineration power plant and 1 windpower plant. Most of these plants are located in Jiangsu and Zhejiang provinces with strong economic growth and robust demand for electricity and steam. All these plants are advocated and encouraged by Chinese government.
For more information about GCL-Poly, please visit the company's website at www.gcl-poly.com.hk
For more information on GCL Solar, please visit www.gclsolarenergy.com.
Contact:
GCL-Poly Energy Holdings Limited
Mr. Zhou Jiangbo
Tel: +852 3761 3120
Email: zhoujiangbo@gcl-power.com.hk
GCL Solar Energy Technology Holdings Inc.
Ms. Stephanie Lau
Tel: +852 3761 3145
Email: stephanielau@gclsolarenergy.com
Porda International (Finance) PR Group
Ms. Harriet Lau
Tel: +852 3150 6761
Email: harriet.lau@pordafinance.com.hk
Ms. Sharis Siu
Tel: +852 3150 6771
Email: sharis.siu@pordafinance.com.hk
Ms. Ada Leung
Tel: +852 3150 6732
Email: ada.leung@pordafinance.com.hk
About GCL-Poly Energy Holdings Limited
GCL-Poly Energy Holdings Limited is a world leading polysilicon manufacturer for the solar industry and a leading integrated green energy enterprise in China. Production capacity of GCL Solar, a subsidiary of the Group, is expected to reach 18,000 metric tonnes of polysilicon by the end of 2009, and 1 GW of solar wafers by mid 2010. In addition, the Group operates a total of 18 cogeneration power plants, 1 incineration power plant and 1 windpower plant. Most of these plants are located in Jiangsu and Zhejiang provinces with strong economic growth and robust demand for electricity and steam. All these plants are advocated and encouraged by Chinese government.
For more information about GCL-Poly, please visit the company's website at www.gcl-poly.com.hk.
Sept 2, 2009
Source: GCL-Poly Energy Holdings Limited
GCL-Poly Energy Holdings Limited
From the Japan Corporate News Network
http://www.japancorp.net
Topic: Press release summary
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