China Resources Power is listing its renewable energy business in a $3.6 bln deal. Oil price volatility from the Middle East war, a chronic oversupply of solar panels and a shift away from coal-generated electricity make it a good time to tap investors.
HONG KONG, June 16 (Reuters Breakingviews) – Oversupply is usually only a problem for the seller. Buyers, on the other hand, get a chance to score goods on the cheap. In China that means the massive glut of solar panels is music to the ears of power… [3283 chars]
Source: Reuters | Published: 2026-06-16T03:25:15Z
Credit: Reuters
