Latest headlines
Los Angeles unveils 350 MW solar program
Los Angeles is moving forward with two major new projects that will offer California’s sprawling metropolis a combined 350 MW of solar power utilizing a combination of feed-in-tariff (FiT) and request for proposal (RFP) pricing...
Wuxi Suntech owes US$2.5 billion to local creditors
Chinese photovoltaic manufacturer Wuxi Suntech Power Holdings Co., a Suntech Power subsidiary, owes a domestic debt of $2.5 billion to local creditors, according to media reports.
Centrosolar shareholders approve debt-for-equity swap
Centrosolar sharholders have approved a debt-for-equity plan that will drastically reduce debt by swapping outstanding liabilities for 5.5 million new company shares as part of a restructuring plan.
Yingli revises module shipment outlook for Q1
Chinese PV module manufacturer Yingli Green Energy is expecting PV module shipments in the first quarter to be better than earlier estimates.
SunPower plans to sell US$300 million of convertible debentures
The California photovoltaic manufacturer has plans to sell debenture bonds worth $300 million.
Minnesota bill aims for 450 MW of solar by 2020
The U.S. state of Minnesota has passed a bill that could significantly expand the region's solar sector and lead to more than 450 MW of solar power by the end of the decade.
SolarWorld to hold extraordinary shareholders' meeting
Germany-based SolarWorld AG will hold an extraordinary shareholders' meeting on July 11. Losses totaling half of the capital stock have been incurred, according to a recent company statement.
Japan to offer loans for rooftop PV generation
In its efforts to boost solar power in the country, the Japanese government is set to offer low-interest loans to companies that install rooftop solar power systems.
[UPDATE] SEIA calls for multilateral efforts to solve dispute with China
The Solar Energy Industries Association (SEIA) is calling for multilateral trade negotiations between the U.S., the European Union and China in an effort to stave off an all-out trade war.
German industrial associations against AD duties on Chinese PV imports
The Federation of German Industry (BDI) and the Federation of German Wholesale, Foreign Trade and Services (BGA) have warned of the loss of thousands of jobs in Germany if the EU Commission imposes anti-dumping duties on...
JA Solar's shipments exceed Q1 target; narrows loss
Despite an 11.5% decrease in shipments in the first quarter of this year, the Chinese PV manufacturer exceeded its previous guidance of 410 MW to 430 MW.
Centrosolar bond holders approve conversion deal
Centrosolar Group AG’s creditors have overwhelmingly agreed to swap outstanding debt from a €50 million bond for 5.5 million newly issued shares in the German PV company.
Chinese court sides with Canadian Solar in contract dispute with LDK
In a legal win for Canadian Solar Inc., a Chinese court has dismissed a request by LDK Solar to enforce an arbitration award decision by a state trade arbitration commission amounting to CNY 248.9 million ($40.1 million, €31.5...
REC refinances 50% of debt due 2014
REC recently announced it has reduced by 50% its debt maturing in the second quarter of 2014, worth US$ 206 million (NOK 1.2 billion).
EU leaders seek to lower energy prices
The European Union looks set to meet business demands by revamping its energy and climate policy in order to lower the price of energy and boost employment and growth. Critics warn, however, that appeasing big industry could mean...
Spain: Renewable energy premium payments rise by 19% in 2012
Premium payments in the entire renewable energy sector in Spain were 19% higher than envisaged in the 2012 outlook, while the total compensation in the photovoltaic sector in 2012 was close to the original forecast.
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