Latest PV market updates

SunEdison raises funds to build facilities in Ontario, Canada

Ontario, Canada

The Canadian firm is to build 33 MW of facilities in the province as part of an ongoing relationship with Deutsche Bank.


Sunways AG receives purchase offer for its inverter business

Sunways AG HQ, Konstanz, Germany.

Insolvent and bedeviled by debt, administrators warn the Konstanz-based subsidiary of LDK Solar that the offer is not sufficient to satisfy shareholder demands.


Google and SunPower pitch in for $250 million solar lease project

Rooftop PV installation, U.S.

The tech giant pledges $100 million to SunPower's solar lease program, further augmenting its involvement in residential rooftop solar across the U.S.


Avancis sells off solar business to Chinese group CNBM

Avancis

The manufacturer from China will restart production later this year of the troubled company's products. Acquisition is seen as part of plan of expansion.


Aleo Solar's poor 2013 financial report signals final death knell

Aleo Solar HQ in Germany.

Poor but unsurprising financial results published today reveal a 55% contraction in annual revenue, which fell to just EUR 124.9 million ($172.6 million).


Samoa sets sights on largest solar array in the Pacific

Samoa Savaii beach.

The tiny South Pacific country announces plans to build a 2.2 MW solar plant, with financial assistance from the Asia Development Bank and neighboring New Zealand.


A big step for LED flashers in cell production

LED flashers.

Hanwha Q Cells adopts LED flasher from Wavelabs as a fully fledged replacement for the xenon flasher during cell testing and production.


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