In December 2021, a Zhejiang-based solar power plant company raised about 5.6 billion yuan ($884 million) in its Shanghai STAR Market listing, more than 10 times its target amount.
Shortage of polysilicon, withdrawal of subsidies putting squeeze on industry
A solar power plant in Pingdingshan, China. © Reuters
In December 2021, a Zhejiang-based solar power plant company raised about 5.6 billion yuan ($884 million) in its Shanghai STAR Market listing, more than 10 times its target amount.