hanergy holding group

Li Hejun, the founder of thin-film solar company Hanergy, has been banned from holding a directorship in Hong Kong for eight years.

Automotive giant Audi AG and thin-film solar manufacturer Hanergy, via its US-based subsidiary Alta Devices have signed an MOU in respect of a development agreement to provide its electric vehicles with gallium arsenide (GaAs) flexible thin film based solar system integrated into a range of planned electric vehicles.

According to the Financial Times, Hanergy Holding Group plans to build a 300MW CIGS thin-film production plant in partnership with the local government Datong City and Datong Coal Mine Group as part of a wider initiative on developing a solar industry development cluster.

Li Hejun majority shareholder in PV thin-film equipment and module producer Hanergy Thin Film Power Group (Hanergy TF), via parent company Hanergy Holding Group is set to be banned from being a director, directly or indirectly in the any corporation for a certain period in Hong Kong.