China Digest: Huasun, Kuntian raise $295m each amid dealmaking frenzy in new energy

China Digest: Huasun, Kuntian raise $295m each amid dealmaking frenzy in new energy

Heterojunction technology (HJT) solar cells developed by Anhui Huasun Energy. Visuals from the company website

Dealmaking in China’s new energy sector has ended on a high note before the mainland market moves into a week-long New Year holiday, as Kuntian and Huasun pocketed over 2 billion yuan ($294.7 million) each in new financing.