Max Hall
ACWA Power and Shanghai Electric deepen Belt and Road commitment
The two power companies, who worked together on the 700 MW concentrating solar power phase of the Mohammed bin Rashid Al Maktoum Solar Park, have reportedly agreed to develop power generation and desalination projects along the route of China’s new Silk Road.
Canadian Solar to develop more Japanese PV
The Chinese-Canadian business has extended and expanded its credit line to finance more solar development in Japan despite plunging FIT rates and other obstacles affecting the market.
Hanergy Thin Film shareholders to vote on share swap proposal
Details have finally emerged about when independent investors will decide whether to wave through a deal to transfer their stock into a special purpose vehicle for relisting the Hong Kong unit on the Chinese A-share index.
Ailing Singyes forced to delay annual report again
Loan defaults have brought business at the solar goods maker and EPC to a halt and a lack of progress reports on its formerly lucrative project contracts means there is no immediate prospect of seeing the company’s 2018 figures.
Solar offers rare cheer in China Power figures
Despite outperforming rivals in terms of revenue and curtailment levels, solar apparently didn’t do enough to deflect the board away from plans to focus on energy-from-waste.
Hanergy chairman resigned from the board along with three directors
Founding chairman Li Hejun is too busy travelling to promote the company to also manage day-to-day operations. His sisters will hold the stock on his behalf, however.
New figures reveal effect of policy vacuum on China’s large scale solar
Just 5.2 GW of new PV generation capacity was installed in the world’s biggest solar marketplace in the first three months of this year. And virtually all of that was made up of small systems as developers wait to see what emerges from solar policy discussions in Beijing.
GCL Poly secures more public backing with second investment fund deal
The polysilicon manufacturer will be one of the partners in a fund for the city of Leshan which appears to be planned chiefly to upgrade the poly production facilities of one of the company’s subsidiaries.
Australia and India helped make up for Chinese solar retreat last year
The world had more than half a terawatt of PV generation capacity at the end of last year as emerging solar markets picked up the slack caused by Beijing’s subsidy about-turn to the tune of a 20% rise in installations outside China.
No mention of Hanergy share swap proposal in AGM notice
Parent group Hanergy Mobile Energy appears to have gone quiet on its proposal for shareholders in its Hong Kong unit to vote on whether to shift their stock in an attempt to have the business moved to the Chinese exchange. The clock is running down until the Thin Film unit loses its Hong Kong listing.
