Chinese PV Industry Brief: Tongwei freezes cell prices, state body opens procurement round
Longi has also joined the 500 W-plus module club with its new Hi-Mo5 product, while Sunport has announced to expand production of its MWT module.
Chinese PV Industry Brief: State entity set to gain controlling vote in Jolywood as Yunnan plans 620 MW of solar
The controlling shareholders of Shenzhen-listed solar manufacturer Jolywood have agreed to sell their stakes to state-owned WJ Energy, as two more power companies revealed big plans for new capacity. NYSE-listed Daqo, meanwhile, is mulling an IPO in its homeland.
Cash-strapped developer SFCE dependent on buyer goodwill for $66m project sell-off
SFCE is scrambling to keep creditors at bay and has been unable to guarantee more than half the windfall it expects from selling off 140 MW of Chinese project capacity will actually be paid.
KPMG to look into Panda Green’s missing $144m
The accountant is expected to announce the results of its investigation into RMB1,022 million of missing solar project development rights payments early next month.
Chinese PV Industry Brief: a 15 GW factory, new standards and solar glass output
Risen Solar has unveiled plans for a 15 GW cell and module fab in Yiwu City, Zhejiang province and China South Glass is fundraising for a PV glass factory in Anhui province. Such growth, however, may be slowed by the introduction of new standards by the government.
Chinese solar glass company’s figures indicate booming market
Xinyi Solar today said it is anticipating a bumper profit from the first half of the year – an announcement likely to bring wry smiles at the board of parent company Xinyi Glass, which soon after announced quite the opposite prospects after selling off shares in the PV subsidiary last year.
Chinese PV Industry Brief: Jinko’s new capacity and a 200 MW solar park
JinkoSolar has begun construction of a new 16 GW module production base in Yiwu city, Zhejiang province and Eging PV has resumed a 200 MW solar project in Qitai county in the Xinjiang Uygur Autonomous Region, after securing approval from local authorities. The China National Energy Administration has confirmed the nation can add no more than 48.45 GW of solar to the grid this year.
Chinese PV Industry Brief: 4.3 GW of new cell capacity and a 1 GW solar park
Cell manufacturer Aiko Solar is raising funds to increase its production capacity with 4.3 GW of new lines while Datang Corporation has inked a deal for a 1 GW desert project.
GCL-Poly abandons $35m fundraising exercise
Today’s announcement indicates either the board or the listing committee of the Hong Kong exchange where the company is listed put a spanner in the works.
Shuifa playing central role in bailing out distressed Chinese PV developers
The state-owned construction business which saved Singyes Solar with a US$200 million bail-out is now preparing to invest in a 75% stake in debt-saddled peer China Solar, whose shares have been unlisted since August 2013.
