IPO Suspension! Silicon Processor Meike Solar Suspends IPO Application
PVTIME – After two years of applying for an IPO on the Shenzhen Stock Exchange (SZSE), Jiangsu Meike Solar Technology INC, a high-tech company based in China that specialises in…
Finance
20GWh! Sungrow to Raise Funds for Energy Storage and Inverter Projects
PVTIME – On 14 October 2024, Sungrow, the world’s leading PV inverter and energy storage system provider, announced its proposal to raise funds of not more than 4,877,854,900 yuan to…
300 Million Yuan! First Applied Material Funds Film Factory in Thailand
PVTIME – On 8 October 2024, Hangzhou First Applied Material Co., Ltd. (603806.SH), a leading manufacturer of EVA film, announced its intention to use 300 million yuan of its raised funds…
1.1 Billion Yuan! Arctech to Raise Funds for R&D and Production of Solar Trackers
PVTIME – Arctech Solar Holding Co., Ltd. (Arctech, 688408.SH), a leading manufacturer and supplier of intelligent solar trackers, fixed-tilt structures and BIPV systems for utility-scale and commercial solar PV projects…
5.5GW! ACWA Power Secures $2.6 Billion Financing for 3 PV Plants in Saudi Arabia
PVTIME – ACWA Power, the Saudi Arabian energy giant, has recently secured SAR 9.7 billion (approximately US$2.6 billion) in financing from a consortium of banks for the construction and operation…
38.529 Billion Yuan! LONGi Discloses It Performance in H1 2024
PVTIME – PV giant LONGi has recently released its performance figures for the first half of 2024. In the reporting period, LONGi generated revenue of 38.529 billion yuan (approximately $5.42…
Tongwei releases H1 2024 report
PVTIME – On 30 August 2024, the top photovoltaic company Tongwei (600438.SH) released its 2024 half-year report. The data show that in the first half of the year, the company…
8.1GW! Australian ACL Energy Acquires Firm Power and Terrain Solar with PV & ES Projects
PVTIME – Australian energy giant AGL Energy has recently entered into a binding agreement to acquire 100% of the shares and units of Firm Power and Terrain Solar for an…
Almaden Ends Plan to Buy Fengyang a Glass Manufacturer, Again
PVTIME – Changzhou Almaden Co., Ltd. (Almaden, 002623.SZ), a company primarily engaged in the production and sale of photovoltaic glass and coating materials, has announced its intention to terminate the…
$1.45 Billion! Qcells Gets US Loan for Solar Manufacturing in Georgia
PVTIME – On 8 August 2024, the Department of Energy’s (DOE) Loan Programs Office (LPO) announced a conditional commitment to provide a loan guarantee of up to $1.45 billion for…
