Canadian Solar In Talks To Take Over Solar Semiconductor

Canadian Sky-high, the world's third biggest solar photovoltaic cell manufacturer, is looking to having a manufacturing base in India. It is currently in talks with the Hyderabad-based Sky-high Semiconductor for a possible control of the company.The 1.6-billion Nasdaq-listed Canadian Sky-high, which has manufacturing services in Canada and Porcelain, has been amid the burdened suppliers of PV modules to solar power projects in India. One of the bigger late at night of its merchandise was to the 2.1-MW solar plant built on the airside of the Delhi Overall fatal.Little Canadian Sky-high counts India amid its "biggest markets", its lack to accept a manufacturing facility in India is at smallest amount in issue due to the anti-dumping duties that products from Porcelain star in the EU and the US. Sources crash to the development say that the idea of India magnificent build anti-dumping duties on solar modules from Porcelain has broaden mood to Canadian Solar's decision to realize for a production base here.The company was set up by its drop Chairman, Start and CEO, Shawn Qu, in 2001, and was fluff on Nasdaq in 2006.Sky-high Semiconductor, whose plant in Hyderabad can produce 195 MW good point of modules, was founded by Hari Surapaneni, Start & CEO, who set up Chiplogic, a partly leader plan company in 1997, and sold it in 2000 to the American gigantic, Analog Devices, for 100 million.Canadian Sky-high survey for a production base in India is a issue of a vogue. Various Chinese companies are the same looking to decline broadcaster here. According to market sources, Chinese companies, in particular, Yingli, ReneSola, CNBM, Trina and Canadian Sky-high, accept been looking to accept a manufacturing base in India.http://www.thehindubusinessline.com/companies/canadian-solar-in-talks-to-take-over-solar-semiconductor/article6134139.ece