Apollo Solar Energy said it has decided to postpone the proposed 10GW Ningguo Solar Power Station Project, including a 2MW demo solar power station in Ningguo City, China.
The company has made this decision in order to focus on its core business and make necessary strategic adjustments to meet the changing solar industry environments in accordance with its long term growth plan.
Apollo Solar, through its wholly owned subsidiary Sichuan Apollo Solar Science and Technology Co, is primarily engaged in mining, refining and producing high purity tellurium (Te), tellurium-based compounds and other metals for thin film solar PV industry as well as for specific segments of the electronic materials market.
The company’s products include CdTe thin-film compounds, CIGS thin-film compounds, ultra- high purity metals and commercial-purity metals.