Shunfeng halts trading ahead of 540 MW project capacity sale
The planned disposal of more than a third of the Chinese solar company’s project portfolio would take a significant chunk out of its debt mountain but trading in company stock was halted this morning, pending an announcement in relation to the project sale. Shunfeng sold off German PV project monitoring business meteocontrol to another operation owned by its main shareholder at the end of last year.
Suntech announces 20% efficiency for mass-production multi-PERC cell
Chinese module manufacturer Suntech announced that it has increased the efficiency for its mass production multicrystalline PERC cells to 20%, transferring its recent laboratory success to the production line.
Shunfeng forecasts $133m loss in 2016
Shunfeng International Clean Energy (SFCE) expects to post a loss of 923 million yuan ($133m) in 2016, as its fortunes sank throughout the final six months of the year.
