Covid-19 weekly round-up: Differing opinions on energy storage fall-out, a trade show update and some surprisingly positive financials
Negative second-quarter updates from China and uber-low new-solar figures from India, however, show the world is far from out of the woods yet.
Xinte corrects update which said it was selling polysilicon at a bargain basement price
Whoever published the figures for a profit warning issued by the poly maker on Friday might have spooked investors even further with a stray decimal point.
Chinese PV Industry Brief: State entity set to gain controlling vote in Jolywood as Yunnan plans 620 MW of solar
The controlling shareholders of Shenzhen-listed solar manufacturer Jolywood have agreed to sell their stakes to state-owned WJ Energy, as two more power companies revealed big plans for new capacity. NYSE-listed Daqo, meanwhile, is mulling an IPO in its homeland.
Chinese manufacturer prepares to raise $434m through bonds
The polysilicon, PV wafer and module and inverter maker has arranged a second EGM of 2018 to seek permission for two bond issues, as its peers scramble to raise their manufacturing capacities.
China’s Sunpower Group picks up $12.5 million polysilicon equipment order
Chinese integrated energy company Sunpower Group Ltd today announced the securing of equipment supply contracts worth CNY 80 million (US$12.5 million) with Xinjiang Xinte Energy, a subsidiary of TBEA Co Ltd.
