SHANGHAI : A unit of GCL-Poly Energy Holdings defaulted on a US$500 million (S$665 million) bond after ending an exchange offer with existing bondholders. GCL New Energy Holdings announced the default in a Monday (Feb 1) exchange filing. The firm, which operates solar power plants, is majority owned by GCL-Poly, one of the world’s leading […]
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JA Solar Technology Co., one of the world’s largest solar panel producers, plunged after announcing its billionaire chairman is under investigation by Chinese authorities..Read More.. Source : bloombergquint
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Shares in the Chinese companies that dominate production of solar panels rose after Joe Biden’s victory increased the likelihood that the world’s top economy will accelerate its move… Read More…