LONGi Solar to Acquire a Chinese Solar Cell & Module Manufacturer for $253 Million

The transaction will involve a 100% equity purchase of the target company through cash

March 2, 2020

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LONGi Solar, a Chinese manufacturer of high-efficiency mono-crystalline solar cells and modules, has announced a framework agreement to acquire solar cell and module manufacturer Ningbo Jiangbei Yize New Technology for 1.78 billion yuan (~₹18.11 billion or $252.8 million).

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Nithin Thomas

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LONGi Solar to Acquire a Chinese Solar Cell & Module Manufacturer for $253 Million

Continue Reading with Premium Access

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