The NEA has revealed more than 1.3 GW of solar capacity was added to Chinese rooftops last month, with more than 500 MW of it in Shandong province. While poly maker Daqo was forced to revise down its latest sales forecast it predicted a quick rebound in the current quarter.
Array Technologies is going public the old-fashioned way by eschewing the SPAC method favored by other renewable companies such as QuantumScape and ChargePoint.
Power company Datang Group is reportedly planning to spend around $148 million replacing a coal-fired power plant with a 200 MW solar project in Shanxi province and two solar players are set to issue stock.
Polysilicon maker GCL-Poly has started construction of a factory with an annual production capacity of 54,000 MT as Chinese inverter manufacturer Goodwe launched an IPO on the Shanghai stock market.
Publicly-owned power company Eneco has explored the possibility of an IPO since early 2017 and now appears set to pass into new ownership.
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.
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