China Solar PV News Snippets
SC New Energy HJT Module Power Averages 720.65 W & More From Sofar Solar, BYD, Suzhou Good-Ark, Inner Mongolia
SC New Energy’s G12-132 HJT module averages 720.65 W power; Sofar Solar IPO approved; BYD pursuing perovskite cell technology; Suzhou Good-Ark paste shipments reach new high; Inner Mongolia targets 21.4 GW solar projects by 2025.
CSIQ’s Chinese IPO Moves Forward
Canadian Solar Aims To Raise RMB 6 Billion Via Chinese IPO To Sell Almost 16% Stake In Subsidiary
Canadian Solar has priced per share of its majority owned subsidiary CSI Solar Co Ltd at RMB 11.10 ($1.56) for its initial public offering (IPO) on the Sci-Tech Innovation Board of the Shanghai Stock Exchange (SSE), to raise approximately RMB 6 billion ($844 million).
Nextracker Raises $638 Million With IPO
Solar Tracker Market Leader Nextracker Maker Goes Public On US Nasdaq Global Select Market
Diversified manufacturing company Flex has announced its subsidiary solar tracker company Nextracker has raised over $638 million to get listed on the Nasdaq Global Select Market by pricing its 26.6 million shares at $24.00/share and is now trading under ticker symbol NXT.
Nextracker Targets Up To $534.9 Million Through IPO
US Solar Tracker Manufacturer Targets To Raise Up To $534.9 Million Through Initial Public Offering Of Over 23 Million Shares
Nextracker has officially unveiled its initial public offering (IPO) plans, expecting to raise up to $534.9 million as it targets to sell more than 23.3 million Class A common shares, expecting a per share price of between $20.00 and $23.00, the US b.
Tracker Maker Nextracker Files For Initial Public Offering
Having Shipped 15 GW Tracker Products In 2022, Flex’s Nextracker Applies For IPO To Secure NASDAQ Listing
In the backdrop of the US having become probably the world’s most attractive investment destination for solar companies backed by the Inflation Reduction Act (IRA), solar tracker manufacturer Nextracker has filed for an initial public offering (IPO).
India PV News Snippets
IEEFA & JMK Research Claim India Installed 1.9 GW RE Open Access Capacity In FY 2022 & More From Renkube, Cleantech, MNRE, Vikram Solar
Solar technology startup Renkube raises $300,000; India installed 1.9 GW renewable energy open access capacity in FY 2022; Cleantech Solar & Saint-Gobain India partner for solar; MNRE updates ALMM list; Vikram Solar gets SEBI nod for IPO.
Chinese Solar PV Module Producer Goes Public
Haitai Solar With 8 GW Module Production Capacity In China And Vietnam Listed On Beijing Stock Exchange
Haitai Solar, a China headquartered solar PV module manufacturer with 8 GW global production capacity, has successfully completed its initial public offering (IPO) and started trading on the Beijing Stock Exchange.
Canadian Solar’s Q4/2021 Financial Results
Canadian Solar Shipped 14.5 GW Solar Modules In 2021; Exceeds Q4/2021 Gross Margin Guidance
Integrated solar PV manufacturer Canadian Solar had a strong year in 2021, exiting it with 28% annual improvement in module shipments of 14.5 GW, and 47% growth in revenues that added up to $5.3 billion in Q4/2021 due to higher solar module ASP and increase in project sales.
Flex Spinning Off Nextracker Business
TPG Rise Climate Buys Equity Stake In Nextracker; Tracker Maker To Operate As Separate Entity
Nextracker is entering a new phase of growth, with its parent Flex spinning off one of the global leading solar tracker suppliers to operate as a separate entity, and selling an equity stake in the US company to global climate investment platform TPG Rise Climate for $500 million.
Jinko Solar Now Publicly Listed In China
JinkoSolar Subsidiary Raises RMB 10 Billion In Chinese Initial Public Offering
The much-awaited Chinese public listing of tier I solar cell and module manufacturer JinkoSolar Holding’s principal operating subsidiary is now complete as it raised close to RMB 10 billion ($1.58 billion) through its initial public offering (IPO).
Indian PV Manufacturer To Go Public
Waaree Energies Files Draft Documents With India’s SEBI For IPO
Indian solar PV module manufacturer Waaree Energies Limited has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to be able to launch its initial public offering (IPO) for further expansion of its production capacity.
Daqo New Energy’s China IPO Raises RMB 6.54 Billion
Daqo New Energy’s Principal Subsidiary Raises RMB 6.45 Billion In Chinese IPO; Starts Trading On Shanghai Stock Exchange’s STAR Market
Xinjiang Daqo New Energy, the principal operating subsidiary of Chinese polysilicon major Daqo New Energy, has successfully listed itself on the Shanghai Stock Exchange’s (SSE) Sci-Tech Innovation Board, dubbed STAR Market.
US Solar Tracker Supplier Eyeing $100 Million Through IPO
US Solar Tracker Company FTC Solar Planning To Raise $100 Million Through Initial Public Offering & Get Listed On Nasdaq As ‘FTCI’
After Array Technologies of the US and Soltec of Spain, another solar PV tracker provider and software solutions company FTC Solar has added its name to the list of solar tracker companies that seek to raise capital from the market, through the initial public offering (IPO) route.
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