News of the MiaSole deal was leaked in October last year when US media reported that Hanergy had paid $30m for the company. Hanergy senior vice president Jason Chow declined to comment on the purchase price.
The Beijing-based company first came to international attention when it acquired thin-film module maker Solibro from bankrupt German group Q-Cells in June last year. Like Solibro, MiaSole also makes solar panels using copper indium gallium selenide (CIGS) although its technology is slightly different.
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