Shareholders of Latin American Power have successfully blocked SunEdison from transferring assets under unusual conditions until a February 25 hearing.
The shareholders are asking for a court order to protect assets, claiming that SunEdison is near bankruptcy and is trying to hide assets.
The UK-based wafer maker will keep its German wafering operations going while it continues to mull future plans.
Japanese finance and leasing company, Orix has said it aims to invest around US$872 million in installing 550 MW of solar in Japan in the next two years. This would take its cumulative capacity to 900 MW, thus achieving targets...
The U.S. Supreme Court has put President Barack Obama’s Clean Power Plan on hold until it determines the plan’s legal merits, expected this summer. Despite the surprise, many are confident the decision won’t affect coal’s...
The largest U.S. residential solar company installed a record 272 MW during Q4, with a record low cost of US$2.71 per watt. With ITC extension, SolarCity has changed its strategy and will continue to pursue a larger market share.
Panasonic Corp. is set to suspend operations at one of its PV cell plants for several months amid dwindling demand, Japanese news agency Kyodo reported Tuesday.
Interest in solar auctions continue to wane in India in the face of reduced tariffs. In Maharashtra, a major tender failed to attract enough bids and it will now be held anew.
The polysilicon maker will also shut down silane units, and says these moves are the result of Chinese import duties on U.S. polysilicon. Falling polysilicon prices may also play a role.
U.S. silicon technology giant Dow Corning Corp. on Friday reported a 10% increase in net income last year despite a 9% drop in sales.
Iran will authorize 1 GW of solar and wind contracts in March and plans to put 5 GW online over the next decade.
According to a new study by BNEF and the Business Council for Sustainable Energy, cumulative solar capacity in the U.S. has reached 28 GW, of which 7.3 GW was installed in 2015. Overall, last year saw 16 GW of renewables added,...
United PV has today announced the withdrawal of a US$90 million lawsuit, after receiving $250 million from an investment fund under a deed of assignment, and reimbursement from Hareon for all arbitration and legal costs.
Toshiba’s latest earnings results show catastrophic losses for the Japanese electronics conglomerate, which are forecast to hit US$6 billion for the FY 2015. Its recent accounting scandal has forced it into restructuring. More...
Sharp has surprised many by awarding preferred negotiating rights to Taiwan’s Foxconn for its US$5.9 billion takeover bid, rather than the Innovation Network Corporation of Japan (INCJ). Meanwhile, the electronic giant has...
Panasonic reports a slight decrease in sales and a sharper fall in profitability in its Eco Solutions business, which it blames on slowing domestic demand for its solar PV solutions and other products.
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