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fundraising

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.

Finnish solar manufacturer touts self-charging car deal as €3.5m fundraising ticks down

A convertible bond issuance by Valoe Corp is due to expire on Sunday and the board has already been forced to sign up for more than 40% of the investment. The module maker, which is still attempting to pay for a cell line acquired from Solitek last year, has been announced as a technology partner by Munich-based Sono Motors.

Xinyi revises plans for shares placement

The glass maker is set to issue fewer shares – at a higher value – in its solar glass subsidiary as it aims to generate funds for two new PV glass production lines in China.

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