Longi Green Energy Technology has revealed plans to invest CNY 1.95 billion ($299.5 million) in the construction of a 5 GW solar module assembly plant in eastern China.
Canadian Solar Inc. has received a “going private” proposal from chairman, president and CEO, Dr. Shawn Qu, under which he offers US$18.47 per common share. The move follows that of Trina and JA Solar.
Three years after acquiring the cell production business of insolvent Sunways, Bluecell has also given up. The 100 MW production equipment at the company’s facility in Arnstadt will be sold by the end of 2017.
Modules manufactured at the facility will be sold under the brand Solaron. The facility will be owned and operated by local company Profpanel LLC.
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