L R AS Published on Monday 10 May 2021 - n° 361 - Categories:miscellaneous financial

In brief: EDF-Rosatom agreement, Luoyang Glass net profit, Xinte seeks financing

In brief: EDF-Rosatom agreement, Luoyang Glass net profit, Xinte seeks financing

EDF and Russia's Rosatom have reached a

An agreement to develop green hydrogen in Russia and Europe

https://www.pv-magazine.com/2021/05/04/the-hydrogen-stream-rosatom-edf-join-forces-shell-builds-europes-largest-pem-electrolyzer/

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Chinese glass manufacturer Luoyang Glass reported a net profit of RMB136m ($21m) inQ1, up from RMB0.2m ($0.03m) a year earlier

Editor's note: This figures the gain from the "scarcity organisation" of solar glass in Q4 and then in early 2021.

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TBEA-owned Xinte Energy wants to raise RMB2bn ($309m) to fund a 100,000 tonne silicon production plant it intends to start building in July, which would double its current capacity. The construction period would be 18 months

https://www.pv-magazine.com/2021/05/04/chinese-pv-industry-brief-xinte-seeks-to-raise-309-million-for-100000-ton-polysilicon-factory/

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