With the legal squabble between Hanwha Q Cells and three rival solar manufacturers now encompassing three countries, equipment supplier Meyer Burger saw fit to refer to the dispute in its latest announcement of an Asian contract win.
Things are hotting up in the tracker world as the desire to squeeze down the price per Watt of solar power intensifies. And the rise of the trackers is attracting some well-known businesses to buy their way into the field.
With no details reported on the final electricity price agreed for a 500 MW solar project to be built in Oman, speculation will center on whether the victorious Saudi power company and its Kuwaiti partners have again trumped lower offers from overseas rivals.
Stockholders agree to hefty dilution of their shareholding in order to raise funds to pay looming HK$1 billion debt, with state-owned entities including a designated buyout fund due to control up to a third of the new business.
Real estate and logistics company owner Cheung Shun Lee is making a third attempt to relist a company whose shares have been suspended for five-and-a-half years, and whose corporate history during that time reads like a soap opera.
The Swiss solar equipment maker has endorsed a claim by Chinese solar manufacturer Longi that the technology it uses differs from that at the center of Hanwha Q Cells’ patent infringement complaints.
A 27 MW solar project will generate energy for the company’s extensive site in Moerdijk, in the south of the country.
The Wuhu-based solar glass maker and PV project developer expects to raise around $167 million to expand operations after diluting stock by issuing shares equivalent to just under 5% of the business.
More than 100 domestic companies are reportedly in the running for a seven-project portfolio that is expected to generate around $1.5 billion of investment – and they will fancy their chances against overseas developers.
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