GCL unit eyes overseas revenue from solar

Eyes 30 percent of sales from abroad by 2020

Chinese mainland clean-power producer GCL New Energy Holdings Ltd, a subsidiary of Golden Concord Holdings Limited (GCL), is looking to boost its overseas sales revenue to 30 percent of the total by 2020 through increasing solar energy project exports, its company executive said.

The Suzhou-based company will focus on expanding the markets in developed countries such as the United States, Japan, and Australia, and plan to set up branches there, said GCL New Energy President Sun Xingping.