Companies

Li Guangim, the financial controller and an executive director of troubled Chinese manufacturer Hanergy Thin Film Power has resigned from the company.

Integrated PV module manufacturer Trina Solar will divide its downstream project development business to two separate entities.

Yingli Solar will avoid the ignominy of a de-listing from the New York stock exchange following the announcement of a ten-to-one reverse stock split.

Hanergy Thin Film Power appears to be facing fresh troubles, with the company accused of leaving rent unpaid on a Hong Kong office, according to a report in the Financial Times.

The lack of relevance of the MIP to global pricing movements during 2015 was the nail in the coffin for Trina, writes Finlay Colville.

Leading module manufacturer Trina Solar looks set to go private following a buyout proposal from its chairman and chief executive, Jifan Gao.

Industrial materials manufacturers Dow and DuPont are to merge creating a new company with a market capitalisation of US$130 billion.

The majority owner of equipment specialist centrotherm has agreed to dispose of its stake, clearing the way for the company to restructure its financing.

Manz, supplier of manufacturing equipment to the solar, energy storage and electronics industries has been forced to lay off 174 members of staff.

First Solar has announced shipment guidance for 2016 of 2.9-3.0GW for 2016 and confirmed that it has no immediate plans to expand production capacity.