SolarWorld's planned debt to equity swap was waved through by creditors on Monday. A second group of noteholders vote on Tuesday ahead of an extraordinary shareholders' meeting on Wednesday.
The falling price of solar modules may lead to an increase in rooftop photovoltaic installations in Brazil, which is initially targeting 1.4 GW of solar by 2022.
Japan's Marubeni is set to acquire a 25% share in Ireland's Mainstream Renewable Power following the EUR 100 million investment. If approved by shareholders, the deal would accelerate Mainstream's key global projects.
The chief operating officer of Gehrlicher Solar says the EU-China agreement "is of no use to anyone" but nevertheless welcomes an end to the dispute-related uncertainty.
The publication of the EU acceptance of Chinese undertakings on minimum prices for solar products was predictably light on detail. The list of participating manufacturers in the trade agreement is more or less comprehensive.
Japanese giants see their balance sheets boosted by the domestic solar boom. In response, Sharp announces plan to widen its solar product range and expand its development business.
Munich solar manufacturer CentroSolar has little to cheer from its second quarter figures but the auditing of its 2012 accounts has cleared the way for September's critical debt to equity swap.
The European solar trade bodies so vociferous in their criticism of the EU-China trade deal proposals earlier this week have had nothing to say after the announcement that EU heads of government adopted the agreement.
Solar played its part in U.S. energy company NextEra's profits from April to June but wind is still the company's favored renewable and the year on year six-month figures were less encouraging.
EU member states voted to accept the EU-China trade deal announced by commissioner Karel de Gucht last weekend. An EU press spokesman said no member state had voted against the agreement.
The companies say they are collaborating in China "to improve the power output, quality and reliability of solar energy systems to meet the world's growing energy needs."
Clean energy supporters are assailing a plan by utility group Xcel Energy to better define the value of net metering in Colorado, which the company says would make the incentive "clear and transparent."
The U.S.' second biggest solar manufacturer returned to profitability in the second quarter. Operating at full capacity, the company is weighing a fab expansion to meet growing global demand, particularly from Japan.
Allegations from AFASE and affiliated anti-tariff solar companies that the European Commission used biased information in mounting their anti-dumping case against China have not led to an inquiry, say EC officials.
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