shunfeng international clean energy

November 28, 2019
Diversified renewables firm Shunfeng International Clean Energy (SFCE) has secured the sale of 11 PV power plants in China to reduce mounting debts.
November 18, 2019
Diversified renewables firm Shunfeng International Clean Energy (SFCE) has halted trading in its Hong Kong traded stocks as it prepares to submit an update to its protracted potential sale of its PV manufacturing operations, including Wuxi Suntech.
August 1, 2019
This article continues our series of features introducing new methodology that allows leading PV module producers to be categorised, ranked and short-listed by manufacturing and financial strength metrics; ultimately providing an investor-risk (or bankability) profile of PV module suppliers for non-residential end-market selection.
April 8, 2019
Diversified renewables firm Shunfeng International Clean Energy (SFCE) deal with Hong Kong property tycoon, Kin Ming Cheng, a major shareholder in SFCE is in doubt after the date to secure an agreement to purchase most of the manufacturing operations that included Wuxi Suntech has lapsed.
April 1, 2019
Diversified renewable energy firm Shunfeng International Clean Energy (SFCE) confirmed full-year 2018 losses of around RMB 1,706.0 million (US$254 million), while shipping a record 3.3GW of solar modules from its two manufacturing operations, Wuxi Suntech and Jiangsu Shunfeng Photovoltaic Technology Company.
March 25, 2019
Diversified renewables firm Shunfeng International Clean Energy (SFCE) is close to an agreement to sell its manufacturing operations, which include Wuxi Suntech, as well as other international operations, including power plant monitoring firm, meteocontrol to reduce debts of RMB12,295.3 million (US$1.83 billion).
March 19, 2019
Diversified renewable energy firm Shunfeng International Clean Energy (SFCE) expects to report a loss in 2018 of approximately US$254 million, due to PV product ASP declines and impairment charges to its manufacturing operations.
October 1, 2018
Diversified renewables firm Shunfeng International Clean Energy (SFCE) is trying a second time to sell its solar PV manufacturing operations to major shareholder and Hong Kong property tycoon, Kin Ming Cheng for around RMB4.7 billion (US$684.24 million), compared to US$760 million in mid-2016.
August 29, 2018
The first wave of public listed China-based, China centric PV manufacturers reporting first half year financial results offers insight into the impact on companies after the Chinese Government capped utility-scale and distributed generation (DG) PV power plant projects at the end of May, 2018.
April 5, 2018
Diversified renewable energy firm Shunfeng International Clean Energy (SFCE) reported a 21% increase in revenue for 2017, driven by a 72.7% increase in PV module sales, while losses for the year were significantly reduced.

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