‘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.
‘Silicon Module Super League’ (SMSL) member JA Solar was the sole supplier of PV modules to a 35MW PV plant completed in December 2017, in the Negev Desert using its P-type mono PERC (Passivated Emitter Rear Cell) modules.
Following an extensive research process over the past couple of weeks, we can now reveal the top-10 module suppliers (by shipment volumes) for the calendar year 2017.
After the significant upwards revisions made to global solar PV manufacturing capacity expansion announcements in the first half of 2017, which we reviewed in a previous blog, the third quarter was characterised by much more tempered plans.