The Hong Kong listed polysilicon manufacturer is selling off solar assets to fund its thirst for production capacity expansion. The proposed sale would net the company almost $290 million to reduce its debt pile.
Doping perovksite solar cells with potassium is said to eliminate interface trapping defects and mobile ion migration. ‘Hysteresis suppression’ is key for more efficient cells based on the promising material.
The contraction in Chinese trade flows to the U.S. is likely to result in the dumping in India of Far Eastern electronic and electrical components as well as steel, iron, chemicals and plastic products.
Some 168 projects will be developed across 16 provinces free from central government subsidy. The fact the average capacity of such projects has tumbled indicates Beijing’s plan to accelerate the arrival of subsidy free solar may be on track.
The solar plant operations business – spun out of the solar glass manufacturer – reportedly finalized its initial public offering this week. Final confirmation of the proceeds is expected on Monday.
The latest stock market update from Hong Kong enables investors with sufficient patience to follow the money merry-go-round at the polysilicon producer.
The Chinese polysilicon producer appears to be navigating a steady path to much bigger output without loading too much debt onto its shoulders – no wonder it feels able to cock a snook at its rivals.
The Chinese solar manufacturer is set to transfer independent shareholders’ stakes into a special purpose vehicle while one of its affiliate businesses seeks a listing on Beijing’s A-share index. Inevitably, though, the process has not been a smooth one.
Researchers claim the cell they have developed is able to retain 90% of its efficiency after 1,000 hours under extreme light and heat conditions.
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