26 May '15, 3pm

A Visit to Hanergy’s Solar Factory in Heyuan, China

A Visit to Hanergy’s Solar Factory in Heyuan, China

[Editor's note: We've covered Hanergy's past photovoltaic acquisitions and current woes -- its Hong Kong exchange stock was just suspended . Last month, John Hempton of Bronte Capital snapped some photos of Hanergy's solar factory in Heyuan , Guangdong province, one of the gigawatt-scale sites in the Hanergy PV portfolio, and we're reprinting his blog post about the visit . Hanergy does have other planned or operating sites; its Chengdu factory is home to 600 megawatts of active amorphous-silicon production.] *** Now that Hanergy has been suspended, I can let these out. I went to visit Hanergy's main factory in China about six weeks ago. It was almost entirely silent. There was essentially no production of solar cells at all, and the accounts that suggest significant production and sales are entirely fraudulent. There was some evidence that someone was exploring starting p...

Full article: http://www.greentechmedia.com/articles/read/A-Visit-to-Ha...

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