Deye to build two new inverter factories totaling 18 GW
China-based inverter manufacturer NingBo Deye Inverter Technology (Deye) announced in a filing with the Shanghai Stock Exchange (SHSE) it is seeking to raise CNY3.55 billion ($513.1 million) through a private placement of shares. The company said it will use the net proceeds from the transaction two build two new inverters factories and an R&D center. One of …
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