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Centrosolar aims to reduce debts with far-reaching measures


Centrosolar has indicated that it will employ a series of measures to clearly reduce its debt burden of some €90 million. To this end, jobs will be cut and the company’s financing reorganized.

Spain: Deger to supply 1,161 trackers

Deger trackers int he field, on a hill.

Tracking system developer and manufacturer Deger announced today that it will supply over 1,000 tracking systems to Spain. The systems are for several solar parks to be developed near the city of Lleida, in the Catalonia region...

Solar Frontier benefits from Japanese boom

The Solar Frontier Miyazaki fab.

Japanese thin film manufacturer Solar Frontier is capitalizing on the country’s solar boom and is focusing on becoming a downstream business leader and provider of "full turnkey solutions" in the country. The company has also...

China Gogreen announces 60 MW PV project plans

China flag

China Gogreen Assets Investment Limited is planning to install a 60 MW photovoltaic rooftop project in China’s Xuchang City, in Henan Province.

SolarWorld debt negotiations continue

SolarWorld HQ Germany Freiburg

SolarWorld AG is currently under massive debt pressure. To ease the situation, the company is in discussions with banks and bondholders regarding solutions. None have, however, been thus far found.

PV in the Philippines beginning to pay off

Philippines solar photovoltaic system Malapascua

The photovoltaic market in the Philippines may be small, but it is increasingly gaining momentum, with cumulative capacity totaling over 5 MW. An important driver is the high cost of conventional electricity which, coupled with...

KKR acquires 69 MW PV project in Ontario

Canada, Ontario, solar photovoltaic plant First Solar Enbridge

Investment company KKR & Co. L.P. has acquired Starwood Energy Group Global, LLC’s 69 MW Sault Ste. Marie (SSM) photovoltaic project, located in Ontario, Canada.

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