Hong Kong
GCL-Poly abandons $35m fundraising exercise
Today's announcement indicates either the board or the listing board of the Hong Kong exchange where the business is noted put a spanner in the jobs.
May 29, 2020 // Markets & Finance News, Hong Kong, GCL-Poly
Shuifa playing main function in releasing troubled Chinese PV developers
The state-owned building organisation which conserved Singyes Solar with a US$ 200 million bail-out is currently preparing to purchase a 75% risk in debt-saddled peer China Solar, whose shares have actually been unpublished considering that August 2013.
May 26, 2020 // Markets & Finance News, China, Hong Kong, Asia, Shuifa, China Solar
Panda Green proprietors seek to rent developer out of difficult resources demands
Beijing Energy, which is amongst a collection of public entities holding risks in the developer, is suggesting among its subsidiaries provide $211 countless renting choices to debt-saddled Panda Green.
May 18, 2020 // Markets & Finance News, China, Hong Kong, Asia, Panda Green, Beijing Energy
Auditor obstructs solar developer accounts over missing out on down payments
State-owned solar firm Panda Green will certainly miss out on Friday's due date for releasing its audited numbers for in 2015 as well as brand-new proprietors Beijing Energy have actually revealed the development of a board to examine the repayment of $144 million in down payments to protect advancement legal rights for projects which never ever occurred.
May 13, 2020 // Markets & Finance News, China, Hong Kong, Asia, Panda Green, Beijing Energy
Covid-19 obstructing the survival leads of exclusive solar designers in China
SFCE has actually disclosed, in a string of stock exchange updates this year, the coronavirus pandemic is complicating its initiatives to sell PV projects quickly sufficient to repay lenders.
May 12, 2020 // Markets & Finance News, China, Hong Kong, Asia, covid-19, SFCE
WFW aids Vietnam floating solar project funding
Watson Farley & Williams (WFW) advised loan provider Asian Development Bank (ADB), in funding the US$ 37 million setup of floating solar photovoltaic power generation panels.
Apr 30, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, Floating PV, Hong Kong, floating PV, Asia, Vietnam, Watson Farley & Williams
Solar glass business blog posts excellent numbers-- yet recognizes Covid-19 hazard
Xinyi Solar reported document earnings previously this month, not remarkably motivating favorable broach prolonging its strategies to increase manufacturing capability this year as well as following. Nonetheless, with PV need in Europe trick to its returns, the firm has actually approved the coronavirus epidemic might have an influence this year.
Mar 25, 2020 // Manufacturing News, Residential, Markets & Finance News, Canada, Spain, Germany, Italy, China, Hong Kong, Ukraine, Europe, Asia, Netherlands, North America, Turkey, Xinyi Solar, covid-19
Inorganic perovskite cells achieve 16.1% efficiency
Hongkongese scientists have created all organic perovskite solar cells claimed to reach 16.1 percent efficiency. The technology is based on Lewis-base small molecules passivating the layer of inorganic perovskite.
Jan 17, 2020 // Technology, Hong Kong, solar cells, perovskite
China Power International reveals details of 500 MW grid-parity project
The Chaoyang facility is the largest of the first batch of central-subsidy-free solar projects approved in the world’s biggest solar marketplace. China Power has awarded three construction contracts to entities owned by its SPIC parent company.
Oct 21, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, China, Hong Kong, Asia, China Power International, CPI Power Engineering Co Ltd, SPIC
Singyes state bail-out vote at end of the month
Shareholders in the heavily-indebted solar project EPC and building-integrated PV manufacturer will vote on the last day of the month on the proposed takeover of the business by a Chinese state-backed entity. No news has emerged of a winding-up order due to be heard yesterday.
Oct 17, 2019 // Manufacturing News, Markets & Finance News, China, Hong Kong, Asia, Singyes
Solargiga’s unaudited Jan-Sept revenue spikes 11% on year
The Hong Kong-based solar manufacturer appears to have posted impressive revenue gains this year, based on preliminary, unaudited operating results for the first three quarters of 2019. But as the troubled company continues to pin its hopes on a much-anticipated turnaround in Chinese solar demand, its long-term outlook remains uncertain, mere weeks before the scheduled de-listing of its shares in Taiwan.
Oct 16, 2019 // Manufacturing News, Markets & Finance News, Hong Kong, Solargiga, Taiwan
ROUND-UP: GES Chile build, Hong Kong and Macau JV, S&W 200MW Australia order, Indian floating order
GES to build 97MW solar plant for Engie in Chile. Sterling & Wilson bags 200MW EPC order in Australia. BHEL tenders for Floating solar equipment at Indian coal plant. ACC and Hyperion for JV in Hong Kong.
Oct 16, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Floating PV, Hong Kong, Australia, ACC, NTPC, floating PV, Oceania, bhel, hyperion, macau, pond
Singyes Solar figures tell story of a dramatic year in Chinese solar
The PV project developer and BIPV manufacturer has seen a glowing set of first-half figures published last year become a nightmare of lost income, debt defaults and frozen bank deposits. All eyes now turn to the business’ high court date on Wednesday.
Oct 15, 2019 // Manufacturing News, Markets & Finance News, bipv, Singyes Solar, China, Hong Kong, Asia, Building-integrated photovoltaics
Solargiga’s Taiwan shares to be de-listed
The ever worsening balance sheet of the Hong Kong-based solar manufacturer has triggered the removal of shares listed in Taiwan, which is likely to leave the company with a $2.84 million bill for buying them back.
Oct 2, 2019 // Manufacturing News, Markets & Finance News, China, Hong Kong, Asia, Solargiga, Eric Luo, Taiwan, GCL System
Solargiga finally gets 600 MW ingot and wafer operation up and running
The solar manufacturer today moved to reassure investors ahead of what promises to be another rocky set of first-half figures in two days’ time. The Hong Kong company says it wants to add another 3.6 GW of mono ingot and wafer capacity by early 2021.
Aug 29, 2019 // Manufacturing News, China, Hong Kong, Asia, wafer, Solargiga, mono ingot
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