Solarfun sets 2009 cell/module capacity ramp - 27 August 2008
First Solar extends deal with PV materials supplier 5N Plus - 28 August 2008
ECD’s Uni-Solar unit accelerates PV production ramp as company enjoys record results - 31 August 2008
ECD’s Uni-Solar unit accelerates PV production ramp as company enjoys record results - 31 August 2008
Trina Solar shifts manufacturing strategy - 25 August 2008
CTDC begins commercial production of tin-oxide baseplates for a-Si solar PV modules - 05 September 2008
OPEL International’s Mk-I HCPV solar panels obtain CE qualification for Europe - 05 September 2008
Newport releases thin-film solar PV laser scribing systems - 05 September 2008
Taiwan thin-film solar company begins production - 05 September 2008
Solar parties put heads together to advance renewable energies - 05 September 2008
The small-cap solar cell manufacturer attracts decent demand during the two-day marketing period, but fortunes are reversed as its share price tumbles almost 20% after pricing.
China Sunergy has become the latest Chinese solar power company to sell convertible bonds in the US to raise funds to expand its production capacity. It is also the first Asia-based issuer to sell CBs in three weeks with the market having turned sour after Olam International's $300 million issue on June 4. Those bonds are now trading at about 93% of face value.
Sunergy, a small-cap solar cell manufacturer which has been listed on Nasdaq since May 2007, sold $50 million worth of non-callable five-year CBs in a deal that was priced after the US market closed on Wednesday last week. The deal attracted more than $100 million of demand, which allowed the original offering of $45 million to be upsized.
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