Taiwan-based solar firm, DelSolar, announced on May 31 it will withdraw its listing application from the Taiwan Stock Exchange (TSE).
DelSolar stated weak demand in the solar market will limit any capital injection for the company if it is publicly traded. The company said it will look at market trends and its performance in the future to decide a good time for listing.
Another Taiwan-based solar firm, Tainergy, was approved to list on May 30.
Article translated by Jackie Chang