28 Jul '15, 3pm

Is STR heading downstream in the US with parent Zhenfa?

A key Zhenfa executive, Qu Chao previously appointed to STR’s board of directors has been given a new role as vice president of Strategic Investment at STR and said to be a specialist in downstream solar development and finance, is to support efforts to diversify STR’s business into the ‘renewable energy space.’ Financials STRI NYSE 0.920 +0.030 (3.37%) 2:42PM EDT PV module encapsulant producer STR Holdings could be the US front for its parent company, China-based project developer, Zhenfa Energy Group entering the US market. A key Zhenfa executive, Qu Chao previously appointed to STR’s board of directors has been given a new role as vice president of Strategic Investment at STR and said to be a specialist in downstream solar development and finance, is to support efforts to diversify STR’s business into the ‘renewable energy space'. The majority of acquisitions between Ch...

Full article: http://www.pv-tech.org/news/is_str_heading_downstream_in_...

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