Singulus’ Chinese CIGS customer buys shares in company

Facebook
Twitter
LinkedIn
Reddit
Email
Singulus said that CNBM had secured approximately 1.5 million shares in the company from external existing shareholders, accounting for around 16.8% of the current 8.9 million issued shares with external shareholders. Image: Singulus

Specialist PV manufacturing equipment supplier Singulus Technologies said that its major CIGS (Copper-Indium-Gallium-Diselenide) thin-film module customer in China, China National Building Materials (CNBM) had secured a minority interest in the company.

Singulus said that CNBM had secured approximately 1.5 million shares in the company from external existing shareholders, accounting for around 16.8% of the current 8.9 million issued shares with external shareholders.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

The acquisition of the shareholding by CNBM has yet to be approved by Chinese government agencies and the relevant competition authorities. 

CNBM has plans for four CIGS thin-film module production plants in China. The first plant has already been completed and commissioned, while the second plant tools have already been ordered. Singulus expects orders for the next two fabs in 2018. 

Read Next

September 11, 2025
The EBRD has launched a new programme to improve access to green financing and support energy investments such as renewable power projects.
August 28, 2025
Venture capital firm Pacific Channel has launched Fund V, which targets 10GW of solar, wind, and energy storage in New Zealand.
Premium
August 1, 2025
Sustained private investment into UK solar is starting to produce results, at least with regard to the role of solar power in its energy mix.
August 1, 2025
Dutch pension fund APG has agreed to provide Octopus Australia with AU$1 billion to support its solar, wind, and BESS portfolio.
July 28, 2025
Australia’s Clean Energy Finance Corporation (CEFC) has announced it has invested a record AU$4.7 billion (US$3.09 billion) in large-scale renewables, energy storage, and transmission projects during the 12-month period ending 30 June 2025.
Premium
July 17, 2025
Implementing greater policy clarity pertaining to the EPBD will be essential if Europe is to realise its distributed rooftop solar targets.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK
Solar Media Events
October 2, 2025
London,UK
Solar Media Events
October 7, 2025
Manila, Philippines