Ginlong Technologies plans $100M expansion to double inverter capacity

Ginlong Technologies (Solis) announced plans to raise over $100 million through a non-public offering to double its production capacity of Solis string inverters to 20 GW per year, adding 1,000,000 square feet to its facility in Binhai Industrial Park and creating over 500 jobs.

“Ginlong Technologies announced plans to raise over $100M USD through a non-public offering to finance the expansion of its manufacturing capacity.”solisinverters.com

• 1 source
• solisinverters.comSolis to Raise $100M and Double Production CapacityMay 13, 2020

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