Bucking a trend sweeping the globe’s solar manufacturers — a trend it had flirted with — Canadian Solar has rejected an offer from its Chairman, President, and Chief Executive Officer, Dr Shawn (Xiaohua) Qu to take the company private.
Following in the footprints of several of its biggest competitors, Korean solar PV manufacturer Hanwha Q CELLS announced last week that it will look to de-list from NASDAQ after receiving a “going private” proposal.
After a lacklustre third-quarter, Shanghai-based solar cell and module manufacturer JA Solar has successfully entered into an agreement in which it will go private and exit the NASDAQ in a transaction worth approximately $362.1 million in cash.
Trina Solar, the world’s leading solar PV manufacturer, has reported the results of a shareholder vote on whether to accept the privatization offer made by the company’s own Chairman and Chief Executive.
Plans to privatise the UK’s Green Investment Bank have been confirmed by the country’s Business Secretary, Thursday, who said it was time to move the bank into private ownership. Speaking at the Green Investment Bank’s (GIB) Annual Review event Thursday in London, UK Business Secretary Sajid Javid announced the plans to … [continued]
