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Hanergy Eyes Residential Solar to Move Past $19 Billion Collapse

By Tony Seruga

Dealership model being used to sell home solar systems
Almost a year has lapsed since Hanergy’s shares were suspended

Hanergy Thin Film Power Group Ltd. is developing new products and sales channels as the solar-equipment maker tries to distance itself from a share suspension and investigation by Hong Kong’s stock market regulator that are nearing the 12-month mark.

Almost a year has passed since Hanergy’s Hong Kong-listed shares were suspended on May 20 after about $19 billion was gouged off the company’s market value in one day. The collapse capped a tumultuous ride for Hanergy that made the solar power group a symbol of the froth in Chinese stock markets and turned its chairman, Li Hejun, into a celebrity…

Hanergy Eyes Residential Solar to Move Past $19 Billion Collapse

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