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IPO

Shoals Technologies announces IPO

Tennessee-based Shoals Technologies has balance-of-systems solutions deployed on more than 20 GW of solar energy systems throughout the world.

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Chinese PV Industry Brief: Record residential solar installs and rumblings in the polysilicon market

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.

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US tracker supplier Array Technologies to launch IPO

Array Technologies is going public the old-fashioned way by eschewing the SPAC method favored by other renewable companies such as QuantumScape and ChargePoint.

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Soltec plans IPO

The Spanish solar tracker maker is hoping to debut on the stock markets of Madrid, Barcelona, Bilbao and Valencia this year.

Chinese PV Industry Brief: New 10 GW module factory planned as 3.6 GW of cell capacity comes online

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.

Chinese PV Industry Brief: GCL begins work on new polysilicon factory, GoodWe listed on Shanghai exchange

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.

Trina to re-list on Shanghai Stock Exchange

The Jiangsu-based PV manufacturer follows peer JA Solar in de-listing in the U.S. to return to its homeland. The board will hope to gain access to more funding as a result, and will also face less public scrutiny.

Mitsubishi consortium to acquire Dutch utility Eneco

Publicly-owned power company Eneco has explored the possibility of an IPO since early 2017 and now appears set to pass into new ownership.

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Spain’s ACS group may sell renewable energy unit

A source close to the company has told pv magazine although there are investment funds and utilities interested in buying the renewables business, an IPO for the entity has not been excluded.

Xinyi Energy completes Hong Kong IPO to raise $465 million

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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