Haikou Hanergy to purchase insolvent German solar company, Q-Cells
After many rumours about a possible possible purchase of insolvent German solar company, Q-Cells, Hanergy Holding Group was announced as the buyer for Solibro, a subsidiary of Q-Cells.
Solibro makes thin-film solar panels, according to an emailed statement. A spokeswoman for Hanergy declined to disclose the financial terms of the deal and said a formal announcement would be made early this week.
Hanergy Holding group is a privately held manufacturer of clean energy products and project developer. In March the company announced that it was going into the solar manufacturing business, with a thin-film production line in its plant in Haikou, in the Chinese province of Hainan.
whatsonsanya.com does not necessarily endorse their views or the accuracy of their content. For copyright infringement issues please contact firstname.lastname@example.org