GCL-Poly Mops Up China’s Chaori Solar Mess

The latest deal involving an insolvent solar panel maker is seeing a group led by GCL-Poly Energy (HKEx: 3800) take control of bankrupt Chaori Solar, in a takeover that looks slightly ominous but also potentially interesting for investors. The ominous element comes from the fact that these bankruptcy proceedings are occurring Chinese courts, where

via Renewable Energy News – RenewableEnergyWorld.com http://ift.tt/1pICM1N

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