Taiwan injects $87.32m in solar developers' merger

asia power 2018年10月17日

摘要:Government-owned agencies will take seats in the company’s board. Taiwan’s Neo Solar Power, which is...

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whichisinamergerwithGintechEnergyandSolartechEnergy / Government-ownedagencieswilltakeseatsinthecompany’sboard.Taiwan’sNeoSolarPower / NeoSolarhadpreviouslyindicatedthatURECeyeingtheglobalmarketinordertoreducethedependenceofTaiwan’ssolarenergysectoronChina.Butmarketanalystshavearguedthatsolardevelopersinthecountryremainunprofitable.OnlycompanieslikeGigasolarMaterialsCorpandAnjiTechnologyCoremainedprofitableinH1of2018 / hasreceived$87.32mfromtwogovernmententitiesinaprivateplacement.Accordingtoanannouncement / NeoSolarissettoberenamedasUnitedRenewableEnergyCo(UREC).Itwillholdashareholdersmeetingon20Novembertovoteonthereshufflingofitsboard.ThefundingcamefromtheNationalDevelopmentFund(NDF)andthemanagementcommitteeofthegovernment-controlledYaoHuaGlass.Thetwoagencieswilltheneachtaketwoseatsaswellasanindependentdirectorseatintheboard.AccordingtoTaipeiTimes 查看更多

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Taiwan injects $87.32m in solar developers' merger