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Project News Details
Title |
GCL reveals it lost 865 million shares in New Energy business over loan disagreement |
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Detail |
The Chinese polysilicon manufacturer said it only discovered this month that the stock in its solar project division – which it had pledged to secure a $60 million loan which GCL says was never delivered – had been claimed by the lender a year ago, on the grounds the finance agreement had been breached.
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Country | ||||
Source | PV-Magazine | |||
Regions | Africa Asia Australia Europe North America Oceania South America | |||
Sectors | Automobiles and Auto Parts Energy Construction Energy-Power and Electrical | |||
Published Date | 23.05.2021 | |||
Original Url | Original Url | |||
Share |
Title |
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GCL reveals it lost 865 million shares in New Energy business over loan disagreement
|
Detail |
The Chinese polysilicon manufacturer said it only discovered this month that the stock in its solar project division – which it had pledged to secure a $60 million loan which GCL says was never delivered – had been claimed by the lender a year ago, on the grounds the finance agreement had been breached. |
Country |
International
|
Source |
PV-Magazine |
Regions |
Africa Asia Australia Europe North America Oceania South America |
Sectors |
Automobiles and Auto Parts Energy Construction Energy-Power and Electrical |
Published Date |
23.05.2021 |
Original Url |
Share |
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