China-based renewable energy developer and owner Panda Green Energy Group (PGEG), formerly United Photovoltaics said it had completed and grid-connected the first panda-shaped PV power plant in Datong County, Shanxi Province, China.
China-based PV energy provider (PVEP) United Photovoltaics Group has received back its US$64.4 million deposit originally given to Hareon Solar to start build 930MW of PV power plants, which were never actually built.
China-based PV energy provider (PVEP) United Photovoltaics Group has transferred its deal with Hareon Solar to build 930MW of PV power plants to third parties in exchange for recouping its initial deposit and interest and expenses, while dropping its case in an arbitration court.
China-based PV manufacturer and PV project developer Hareon Solar Technology is raising around US$300 million in a private placement of new shares to expand PV manufacturing capacity and enter the LED market through an acquisition.
China-based PV energy provider United Photovoltaics Group is taking PV manufacturer and PV project developer Hareon Solar Technology to the China International Economic and Trade Arbitration Commission over failure to supply a total of 930MW of PV power plants under a previous agreement.