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Finance

Xinte Energy Terminates Employee Stock Ownership Plan Due to Market Changes

On April 21st, Xinte Energy announced its decision to terminate the Employee Stock Ownership Plan (ESOP). The announcement stated that the implementation of the...

Market Volatility Forces Photovoltaic Giant OCI Holdings to Postpone IPO

Amid global market uncertainties, South Korean chemical firm OCI Holdings has suspended its planned initial public offering (IPO) for its Malaysian polysilicon business, as...

Deye Inc. Anticipates Q1 2025 Net Profit of RMB 650-700 Million

On April 14th, Deye Inc. issued a preliminary earnings forecast for the first quarter of 2025. Based on preliminary financial calculations, Deye Inc. projects...

Prozeal Green Energy Seeks $84 Million via IPO as India’s Fourth-Largest Solar EPC Firm

Prozeal Green Energy, a solar EPC and renewable energy solutions provider headquartered in Gujarat, India, is currently gearing up for its initial public offering...

JA Solar Plans Hong Kong IPO to Advance Globalization Strategy

JA Solar announced on February 21st that the company plans to issue foreign shares listed overseas (H shares) and apply for listing on the...

Global Solar Financing Hits a “Waterloo”

According to data from market research firm Mercom Capital Group, global corporate financing in the solar industry fell by 24% in 2024 compared to...

Risen Energy reports signs of stabilization amid market challenges

On October 28, Risen Energy released its Q3 2024 financial report, revealing its latest performance in a complex and changing market environment. The report indicated...

TCL Zhonghuan reports significant losses despite increased PV material shipments

On October 29, TCL Zhonghuan released its Q3 2024 report, revealing the latest performance in its photovoltaic materials business. The report indicated that despite a...

Canadian Solar’s Recurrent Energy secures $500 million investment from BlackRock

Canadian Solar recently announced that its subsidiary, Recurrent Energy—a leading global developer and owner of solar and energy storage projects—has secured a $500 million...

Tracker supplier Axial reports robust sales for Q1 2024

Spanish solar tracker supplier Axial announced strong financial results for the first quarter of 2024, with sales exceeding €120 million. CEO José Luis Fayos highlighted...
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