Hanergy TFP posts strong profits, says parent failed to deliver ordered solar panels

Hanergy Holding, the hydro-to-solar power investment flagship of the mainland's richest person Li Hejun, failed to deliver solar panels its listed unit Hanergy Thin Film Power ordered in 2013 and was forced to refund HK$1.26 billion of prepayments.

via South China Morning Post - Business feed http://ift.tt/1EquzFB