In this week's Movers & Shakers segment, PV Tech examines new US solar employment initiatives, new up-and-coming technology and industry policy debates as well as career moves by influential individuals.
Struggling Hanergy Thin Film Power Group has appointed Lin Qi, currently the executive vice-president and chief operation officer of parent company, Hanergy Holding Group as an executive director.
The US Department of Commerce has upheld its preliminary ruling that SolarCity’s Triex cells were included within the scope of the anti-dumping duties, in a memorandum dated 17 June.
The majority owner of Hanergy Thin Film Power Group, Li Hejun has resigned his positions as an executive director and chairman as part of a management reshuffle as it attempts to improve its corporate governance position.
SolarCity’s request that its Silevo modules be excluded from the scope of the US trade case against Chinese products has been rejected in a preliminary ruling made on Monday.
By any ‘normal’ metrics, PV thin-film equipment and module producer Hanergy Thin Film Power Group (Hanergy TF) remains in a dire financial position after reporting a non-cash loss of around US$1.58 billion in 2015 and its biggest customer and parent company, Hanergy Holdings and its affiliates failed to make due payments of around US$680 million.
Distressed PV thin-film producer Hanergy Thin Film has finally issued a profit warning and business update that reveals the extent of the dependence on its parent company and its dire financial position.
