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Hanergy turns to overseas solar markets

Hanergy Group, the Chinese solar energy company that shed 2,000 employees this summer, is turning towards overseas markets as difficulties mount in China.

The company is wooing business from governments across Africa, the Middle East and the Pacific and this week said it had signed a deal to supply 1GW of solar and wind power in Jordan.

The thin film group hosted delegates from more than 20 developing countries this summer to promote its solar panels, even though shares in its Hong Kong-listed subsidiary have been suspended since May, when a half-hour plunge wiped out half its value.

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