Skycorp Solar plans $150 million PV project expansion in China

Skycorp Solar Group, a solar photovoltaic (PV) product provider for solar cables and connectors, has announced that its Board of Directors approved a USD 150 million investment framework for solar PV power plant acquisitions and development. The decision marked the company’s expansion into renewable energy infrastructure. The company said these projects are complex and may face delays or may not be completed. Reasons include checks, government approvals, and talks with other parties. Skycorp Solar will carefully check ownership, legal rules, and the condition of assets. Capital expenditure was set to be gradual andaligned with strategic and financial priorities. CEO Weiqi Huang said the company intended to expand from component manufacturing to renewable energy project development.Earlier ,the company showcased its smart PV cables and connectors at the SNEC event, highlighting its product expertise alongside its project expansion plans.