PVTIME – J.S. Corrugating Machinery Co., Ltd. (000821.SZ), a China-based solar equipment manufacturer, disclosed on January 13 that Suzhou Shengcheng Solar Equipment Co. (Shengcheng Solar), Ltd., its wholly-owned subsidiary, will supply solar module production line equipment to Reliance New Solar Energy Ltd. (Reliance Solar), clean energy department of Reliance Industries, one of the most profitable companies in India, with diverse businesses including energy, finance, telecommunications, petrochemicals, and so forth.
According to the announcement, Shengcheng Solar will supply solar module assembly lines and laminator equipment worth $41.78 million (282 million yuan) to reliance new solar energy.