Ahead of PV ModuleTech conference, Finlay Colville takes an in-depth look at the type of module companies that will be internationally known over the next 12-18 months.
‘Silicon Module Super League’ (SMSL) member Hanwha Q CELLS said it would seek to de-list from NASDAQ, following two major SMSL members, Trina Solar and JA Solar to go private after years of experiencing lower valuations on the NYSE and NASDAQ stock markets, compared to smaller listed US rivals.
As module suppliers adapt to the slowdown of Chinese module demand in 2018 and 2019, global EPCs and developers are likely to see new Asian-produced panels being offered for both rooftop and ground-mount installations.
‘Silicon Module Super League’ (SMSL) member JA Solar has said that its previously planned acquisition by an investor consortium via an all-cash transaction led by its founder, chairman and CEO, Baofang Jin had been completed, resulting in de-listing from the NASDAQ stock exchange.
Since Chinese investments into major cell and module facilities started - more than 10 years ago - success ultimately has been driven by overseas market-share gains, above other technical or financial benchmarks that otherwise would be expected.
‘Silicon Module Super League’ (SMSL) member JA Solar has become the first Chinese manufacturer to indicate efforts to increase its overseas sales - following China’s move to curtail solar growth - by announcing that it is establishing a new subsidiary in South Korea.
‘Silicon Module Super League’ (SMSL) member JA Solar has announced that its long-serving CFO, Herman Zhao has left the company, effective March 27, 2018.
‘Silicon Module Super League’ (SMSL) member JA Solar is getting closer to de-listing from NASDAQ and going private after over 90% of the ordinary shares held had voted to agree a merger with its Cayman Islands registered parent company, owned primarily by JA Solar’s founder, chairman and CEO, Baofang Jin.
