Solar Energy
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Fluor to Build Polysilicon Plant in China
From Staff Reports Site preparation has begun for a Xinyu City, China, polysilicon production plant that will be located adjacent to LDK Solar Co. Ltd.'s (LDK) existing solar wafer manufacturing facilities. Fluor Corp (FLR), the U.S.-based engineering-and-construction company, said it landed a contract worth more than $1 billion to provide engineering, design and other services [...] -
China Solar Cell Maker JA Solar to Sell $280 Million Worth of Additional Shares
From Staff Reports China-based solar-cell maker JA Solar Holdings Co. Ltd. (JASO) is selling 6.33 million American Depositary Receipts, worth about $280 million based on its closing price of $44.01 yesterday (Monday), Reuters reported that sources said. The pricing of the deal, jointly handled by Credit Suisse (CSGN.VX: Quote, Profile, Research) and Lehman Bros. Holdings [...]
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How to Profit as Surge of Solar IPOs Mark Dawn of New Industry in China
By Jason Simpkins Staff Writer Of the five best-performing initial public stock offerings so far this year, three are China-based solar-energy companies. With energy prices soaring, China is making a big move into the market for solar-energy technologies. Initial public offerings (IPOs) of solar-energy firms have reached record levels this year, with at least half [...]
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IPOs Soar in Third Quarter, Fueled by Solar, Software and Finance Deals
From Staff Reports Two companies – one in finance and the other in software – fueled a huge surge in the value of new stock offerings in the third quarter, according to a new report by data-tracker Dealogic. Companies raised more than $12.5 billion via initial public offerings (IPOs) in the U.S. financial markets during [...]