Chinese PV Company Files for IPO

Solarfun Power Holdings Co Ltd., a China-based manufacturer of photovoltaic cells and modules, has filed for a $186.3 million IPO. It plans to sell 12 million American depository shares at between $11.50 and $13.50 per share, and to trade on the Nasdaq under ticker symbol SOLF. Goldman Sachs (Asia) is serving as lead underwriter. Shareholders include Citigroup Venture Capital, Hony Capital, LC Fund III and Good Energies Investments Ltd.