All the indicators are pointing gradually in the right direction as new owner Beijing Energy bids to put a torrid year behind the solar developer and the company has announced its intent to enter the European solar market and explore hydrogen and energy storage.
Beijing Energy, which is among a bevy of public entities holding stakes in the developer, is proposing one of its subsidiaries offer $211 million of leasing options to debt-saddled Panda Green.
Bailed-out solar project company Panda Green revealed it did not set any terms for repayment of RMB1 billion paid to third parties in 2017 as deposits to secure potential project rights.
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