Jump to content

Dear Guest,
"SolarPVInvestor Forums" is a subscription based site, devoted to investors with an interest in major public solar companies trading on North American, as well as global exchanges. Discussion themes include all aspects of the industry with current news, technology, financials, and investment theses. 
Modern, well organized platform with many ways to extract information, "SolarPVInvestor Forums" is the most sophisticated community of solar investors in North America. Create account and request 24-hours trial package, to experience full access, it is free. 

for access after registration, send an e-mail to




China Minsheng Investment Ltd established as a new M&A platform for the steal, shipping, and PV industries

22 replies to this topic

#21 Xeloris



  • Premium Members
  • PipPip
  • 1,121 posts
  • Joined 31-May 13
  • LocationJacksonville, Florida
  • Holdings:JASO, JKS, TSL

Posted 20 May 2014 - 12:10 PM

I think this is a guess, similar to mine I made here. To me looks like a federal reserve taking over banks and selling them over to consolidator-qualified company after stripping of liabilities. Would that become a producing or competitive entity, I doubt it.


I think thats my greatest fear here of the consolidator coming in as a producer/competitor wihout the liabilties the current leaders have.  Gathering equipment pennies on the dollar with no debt and basically taking massive market share like shunfeng

  • 0

#22 odyd



  • Administrators
  • 7,516 posts
  • Joined 03-January 13
  • LocationAirdrie, Alberta
  • Holdings:CSIQ, JKS

Posted 20 May 2014 - 12:35 PM

Shunfeng has not become anything yet as a big new release distributor. I saw their financial statements.

  • 0

#23 sunnysky


    the MAGIC

  • Premium Members
  • Others: CEDR Club
  • PipPipPip
  • 2,773 posts
  • Joined 14-July 13
  • Holdings:CSIQ, DQ, HSOL, JASO, JKS, TSL

Posted 20 May 2014 - 02:04 PM

GCL is not interested in the cell/module business. The new venture is a way for them to strengthen their project business and develop a platform to fund meaningful M&As in the PV sector. Remember CMI is formed for the purpose of consolidating the overcapacity in steel, shipping, and solar. As an example,  TSL may get funding from CMI if they want to take over some struggling lower tier company.  


What I see how this industry develops is

(1) The downstream business will drive the growth of the industry

(2) For the downstream business to grow, standards for PV products efficiency, performance, reliability, and longevity measures need

      all to be developed

(3) Models for project development based on those standards for both central solar farms and rooftop projects will  improve and eventually

     settle into some mature and easy-to-operate forms. This will cover insurance, centralized FiT collection, grid connection and management,

     ownership of the plants and transfer,  financing vehicles, etc, basically all the current major  issues which hinder the DG takeoff, and 

     as well as the development of a healthy plant sales market. 

(4) The drive to quality, which will become essential in order to secure approvals, financing, and plant sales, will marginalize the inferior players,

      accelerate the pace of M&A, and foster the emergence of a few large dominant companies in each segments. 


Not saying this is easy or can be achieved quickly, but I think we should be seeing some results late 2014 and early 2015.

  • 3