The company will use money to support the development and acquisition of photovoltaic (PV) assets over the next five years, according to the statement. At present, Kong Sun owns and operates 309. . November 24 (SeeNews) - Hong Kong-based investor Kong Sun Holdings Ltd (HKG:0295) said Friday it has signed a deal for as much as HKD 3 billion (USD 470m/EUR 442m) in financing from Huaxia Financial Leasing Co Ltd. : HXZL-Z-2019166) (“Financial Leasing Contract”) signed by the two parties. The total electricity generated from the Group's solar farm portfolio grew steadily during the year, primarily due to the tition and higher margin pressure. (the lessor), State Power Investment Corporation Guizhou Jinyuan Weining Energy Co. It sets out that if the lessee defaults or certain conditions. . The controlling shareholders of Shenzhen-listed solar manufacturer Jolywood have agreed to sell their stakes to state-owned WJ Energy, as two more power companies revealed big plans for new capacity. NYSE-listed Daqo, meanwhile, is mulling an IPO in its homeland.