China Solar Photovoltaic SA plans another share offering this year to fund expansion, and the U.S. mainboard is a possibility, its chief operating officer said on Tuesday.
The Chinese solar products maker plans to build wafer and solar cell production capacity of 50 megawatts each and add an additional 30 MW of silicon ingot capacity this year, costing $40-50 million, B. Veerraju Chaudary told Reuters.
We want to list in another stock exchange, that's the plan this year, he said. We have not decided which one to go for. The options are the U.S. stock exchange, Nasdaq and Euronext.
The company may also obtain bank credit to help fund the project, he added.
(Reporting by Fang Yan, Editing by Jacqueline Wong)