Chinese solar plant to be built

Foxconn Technology Group and GCL-Poly Energy Holding Ltd will put up and operate a solar-power plant in China’s Shanxi Province. The said 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, according to Hong Kong-listed GCL’s executive president Shu Hua who told Bloomberg News Wednesday. He declined to specify the investment amount or revenue split for the facility, which is scheduled to be fully operational during the first half of next year.