Dkepon New Energy to Acquire 60% Stake in Zhejiang Solamet for RMB 696 Million to Boost Silver Paste Business Competitiveness

Published: May 26, 2025 13:39
Dkepon New Energy: Plans to Acquire 60% Stake in Zhejiang Solamet for RMB 696 Million to Enhance Competitiveness of Silver Paste Business Across Multiple Dimensions - Dkepon New Energy announced in an evening announcement on May 23 that it plans to acquire a 60% stake in Zhejiang Solamet Material Technology Co., Ltd. (hereinafter referred to as "Zhejiang Solamet") for RMB 696 million. Upon completion of the transaction, Zhejiang Solamet will become a holding subsidiary of Dkepon New Energy, thereby gaining control over the Solamet® PV silver paste business previously under the DuPont Group.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Lithium Ore 3.2-3.6 Market Update [SMM Weekly Review]
53 mins ago
Lithium Ore 3.2-3.6 Market Update [SMM Weekly Review]
Read More
Lithium Ore 3.2-3.6 Market Update [SMM Weekly Review]
Lithium Ore 3.2-3.6 Market Update [SMM Weekly Review]
53 mins ago
[SMM Analysis] This Week’s Hydrometallurgy Recycling Market: Nickel, Cobalt, and Lithium Chemicals Prices Fluctuated; the Market Rebounded (2026.3.2-2026.3.5)
3 hours ago
[SMM Analysis] This Week’s Hydrometallurgy Recycling Market: Nickel, Cobalt, and Lithium Chemicals Prices Fluctuated; the Market Rebounded (2026.3.2-2026.3.5)
Read More
[SMM Analysis] This Week’s Hydrometallurgy Recycling Market: Nickel, Cobalt, and Lithium Chemicals Prices Fluctuated; the Market Rebounded (2026.3.2-2026.3.5)
[SMM Analysis] This Week’s Hydrometallurgy Recycling Market: Nickel, Cobalt, and Lithium Chemicals Prices Fluctuated; the Market Rebounded (2026.3.2-2026.3.5)
Raw material side, this week lithium carbonate and nickel sulphate prices fluctuated, while cobalt sulphate prices began to drop slightly after remaining stable for an extended period.
3 hours ago
Guangdong Huadian's 200MW/400MWh Hybrid ESS Power Station Commissioned
3 hours ago
Guangdong Huadian's 200MW/400MWh Hybrid ESS Power Station Commissioned
Read More
Guangdong Huadian's 200MW/400MWh Hybrid ESS Power Station Commissioned
Guangdong Huadian's 200MW/400MWh Hybrid ESS Power Station Commissioned
Recently, the Guangdong Huadian Shanwei Overseas Chinese Management District new-type electrochemical ESS power station, co-built with the participation of Nanzi Weimeide, successfully completed a 168-hour trial operation, marking the official commissioning of this 200 MW/400 MWh large-capacity standalone electrochemical ESS power station and making it the first benchmark project in Huadian’s Guangdong region for large-capacity hybrid energy storage combining semi-solid-state and sodium-ion battery technologies. The project innovatively adopts a technical route featuring a high-voltage cascaded large-capacity semi-solid-state ESS combined with sodium-ion battery hybrid energy storage, with high technical complexity, stringent construction standards, and significant implementation difficulty, and is a new-type energy storage pilot and demonstration project of the National Energy Administration.
3 hours ago