Hogging the limelight – the incredible story of China Solar
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.
Xinyi Solar shares issue to raise cash for production expansion and PV project development
Almost 5% of the Chinese solar glass manufacturer’s stock will be issued in a bid to generate $167 million towards the cost of two fabs planned in Guangxi next year. Xinyi also wants to expand its successful project development business.
Hanergy Thin Film shareholders must accept privatization share swap or be left with dead stock
It turns out the cash element of the HK$54.9 billion ‘cash and stock replacement’ plan to privatize Hanergy’s Hong Kong listed thin film division amounts to around HK$0. Thin Film shareholders face a Hobson’s Choice between a convoluted scheme laced with uncertainties or writing off their stock.
New products contribute to another record year for sustainable finance
BloombergNEF figures show financial vehicles linked to environmental and/or social benefits amounted to $247bn worldwide in 2018. The US led the way, almost entirely because state-backed mortgage provider Fannie Mae issued $19.8bn worth of green home loans.
Hanergy Thin Film to return to China listing ahead of results of inquiry
The Hong Kong-based thin film manufacturer’s parent company may not be able to deliver mammoth panel orders on time, but looks set to arrange a HK$5/share deal to take the troublesome unit back in house and list it on the A-share index, in a move which will come as a relief to shareholders stuck with its stock since May 2015.
Hong Kong kicks off solar FIT scheme
China’s autonomous province, Hong Kong has officially opened up its feed-in tariff (FIT) policy scheme for solar PV systems.
Hong Kong authorities propose generous new rooftop solar FIT
The Hong Kong government will start discussing plans from early next week to give owners of residential and commercial rooftop solar PV systems the chance to sell surplus electricity to the grid.
Roth: US steel, aluminum tariffs to add at least 1-3c per watt to solar projects
While President Trump has a range of options, all likely scenarios seem likely to result in a modest increase in the cost of solar installations.
Huadian Fuxin posts $218 million profit in H1
Huadian Fuxin Energy recorded a profit attributable to shareholders of CNY 1.45 billion ($217.9 million) in the first half of 2017 — roughly similar to its results in the first six months of the preceding year — as the company’s total installed PV capacity surpassed the 1 GW mark in China.
Hanergy unveils new rooftop PV product
Hanergy Thin Film Power (HTF) has announced the release of Hantile, a new CIGS thin-film solar product that can be integrated with roofing materials.
