Waaree Solar Americas Invests $30 Million in Omani Polysilicon Supplier

Waaree Solar Americas invests $30 million in Omani polysilicon supplier

Waaree Solar Americas has agreed to invest about $30 million in United Solar Holdings to secure long-term supplies of traceable polysilicon for its expanding solar manufacturing operations.From pv magazine India Waaree Solar Americas, the US manufacturing subsidiary of Waaree Energies, has signed a share subscription agreement with polysilicon producer United Solar Holdings to purchase about 5.37 million Series B preferred shares for roughly $30…

Waaree Solar Americas signs share subscription agreement with polysilicon supplier United Solar Holdings

Waaree Solar Americas Inc. has entered into a share subscription agreement with United Solar Holdings Inc., a Cayman Islands-based polysilicon producer, to subscribe to around 5.37 million Series B preferred shares for about $30 million.Waaree Energies said its US manufacturing subsidiary, Waaree Solar Americas Inc., has entered into a share subscription agreement with United Solar Holdings Inc., a Cayman Islands-based polysilicon producer, to s…