Shenzhen-listed manufacturer of cells and modules OK has confirmed its delisting from the Shenzhen stock exchange. Following the close on June 18, Akcome issued a statement announcing that, in accordance with the regulations of the China Securities Regulatory Commission (CSRC), its shares will be suspended from June 19, marking the delisting. The CSRCE had previously investigated Akcome’s controlling shareholder, Zou Chenghui, for alleged information disclosure violations.
Hoymiles has announced that it has entered into a strategic cooperation framework agreement with the Xinjiang Electric Power Design Institute, a wholly owned subsidiary of China Energy Construction Group (CECG), which focuses on the field of renewable energy investment. The agreement establishes a strategic partnership to jointly develop and share energy projects, including energy storage plants, wind power, solar photovoltaics, incremental distribution networks and integrated energy solutions. The collaboration will also extend to joint bidding on EPC consortia projects, joint research on scientific topics and patent applications.
Yalong Hydro, a Chinese investor developing an integrated hydro-solar-wind energy cluster, has announced its centralized procurement process for PV modules in 2024. The tender, totaling 5,115 MW spread over eight tranches, will supply four sub-projects of the cluster. All selected modules are n-type double-sided duo-glass modules, with a power of 580 W or 615 W. Bidding is expected to start in mid-July.
Xinte energy subsidiary Silicon New Material has invested CNY490 million ($67.53 million) in Xinjiang Tianchi, a subsidiary of Chinese integrated services company TBEA. The investment enables a 49% stake in Xinjiang Tianchi, which is mainly engaged in coal mining and sales, electricity and heat generation and sales. The investment is intended to secure the future power supply for Xinte’s polysilicon production.
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