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Xinyi Energy

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.

Xinyi Solar plans to float PV project operations unit to finance glass production expansion

Parent company hopes to receive a $392m windfall – half of it upfront – by offering shares in its solar farm operations unit and then using the net profits to sell the newly-spun out business its six-project PV portfolio in China.

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