Funding and M&A Roundup Greenvolt Raises €150 Million in IPO for Renewables Expansion

Funding and M&A Roundup: Greenvolt Raises €150 Million in IPO for Renewables Expansion

From: Mercom Capital Group Greenvolt, a Portugal-based renewable energy firm, raised €150 million (~$177 million) in an initial public offering (IPO) to fund its expansion, including in European solar parks ...
/ / Other, Renewable Energy
Explosion at Hoshine Silicon’s Polysilicon Plant in China Threatens Supply

Explosion at Hoshine Silicon’s Polysilicon Plant in China Threatens Supply

A massive explosion was reported at a polysilicon factory in the city of Shihezi in China’s Xinjiang region. The plant produces raw materials for polysilicon used in the production of ...
/ / Manufacturing, Solar
China’s Solar Polysilicon Manufacturer Daqo Reports 150% Rise in Gross Profit in Q3 2020

China’s Solar Polysilicon Manufacturer Daqo Reports 150% Rise in Gross Profit in Q3 2020

China-based Daqo New Energy Corporation announced that its gross profit stood at $45.3 million in the third quarter or 2020 (Q3 2020), up over 150% from $18.1 million in the same quarter ...
Daqo New Energy to Invest $576 in Polysilicon Manufacturing Facilities Through IPO

Daqo New Energy to Invest $576 Million in Polysilicon Manufacturing Facilities Through IPO

Chinese solar photovoltaic (PV) grade polysilicon manufacturer Daqo New Energy Corporation has revealed plans to raise $732 million (~₹53.7 billion) for new polysilicon manufacturing facilities and working capital requirements. In its press ...
/ / Finance and M&A, Solar