China Taiping Insurance’s potential purchase of a major stake in GNE would help the solar company relieve its debt problem. Photo: Xinhua

China’s solar major GCL to get US$1 billion investment from Taiping Insurance

Under a non binding agreement signed, Taiping Financial Holdings will lead a US$1 billion fund to buy new shares and convertible bonds

Topic |   Energy

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China Taiping Insurance’s potential purchase of a major stake in GNE would help the solar company relieve its debt problem. Photo: Xinhua
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