Canadian Solar next Chinese company to consider privatization
Canadian Solar Inc. has received a “going private” proposal from chairman, president and CEO, Dr. Shawn Qu, under which he offers US$18.47 per common share. The move follows that of Trina and JA Solar.
JA Solar to drop NASDAQ listing, go private
JA Solar has signed an agreement to cancel its listing on the NASDAQ stock exchange and go private in an all-cash transaction.
JA Solar posts $6.3 million net profit in Q3
JA Solar has recorded a net profit of CNY 41.9 million ($6.3 million) in the third quarter of 2017, down nearly 5% year on year, as revenue slid 27.1% from the preceding quarter to CNY 4.3 billion.
Jinko, Longi neck and neck in H1 Chinese module shipments
Financial reports from PV manufacturers and shipment numbers from the first half indicate high market demand.
JA Solar ships 2.14 GW of modules in Q2
Chinese crystalline module manufacture JA Solar shipped 2.147 GW of modules, and a further 167.2 MW of cells to external customers, as well as 74.5 MW to its own downstream projects. This makes JA Solar only the second company to exceed 2 GW in shipments for a single quarter.
Ukraine’s coal producer DTEK plugs in 10 MW solar plant
The Ukrainian coal and power producer had started construction on the Tryfonivka solar facility in March.
JA Solar expects minimum disruption from cell fab fire, signs 50 MW supply deal
Fire at the Chinese solar firm’s Yangzhou cell facility raged for a few hours but was contained to old production lines. Production disruption is expected to be minimal. Company also confirms 50 MW module deal in Malaysia.
JA Solar chief exec lodges revised takeover bid for company
Baofeng Jin, JA Solar’s CEO and chairman, and the Jinglong Group – a British Virgin Islands company of which Jin is the sole director – has applied to acquire all of JA Solar’s outstanding shares in revised update of 2015 takeover bid.
Steady Q1 for JA Solar as revenue, shipments increase slightly YOY
The Tier-1 Chinese solar company saw its profit slip both sequentially and year-over-year, however, as lower average selling prices continued to fall. Company will seek opportunities to streamline operations moving forward.
SNEC: JA Solar launches residential bundle for China rooftop market
The bundle includes a new JA Solar inverter as the Tier-1 solar firm pursues larger market share of China’s distributed generation sector. Growatt also bullish on rooftop potential in China.
