Latest headlines
Downstream activity heats up "south of the border"
Photovoltaic project developers Gehrlicher Solar and Martifer Solar have both signaled their continued expansion into Latin America today, with increased activity in Mexico. Gehrlicher has announced that it is opening an office...
China Sunergy opens PV module factory in Turkey
China Sunergy Co. (CSUN) has opened a photovoltaic module manufacturing plant in the Trade Free Zone of Tuzla, in the outskirts of Istanbul, Turkey.
Swiss giant ABB expands inverter production in South Africa
ABB is expanding operations in South Africa’s booming photovoltaic market with plans for a new inverter production line with a capacity of 500 MW a year.
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.
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.
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).
Lux Research sees doubling of PV market up to 2018
Boston based analysts Lux Research has announced that the solar sector is on the recovery path, set to reach a worth of US$155 billion in 2018. The industry is expected to ramp up rapidly to 61.7 GW market size in 2018 after...
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.
Brazil receives request for 392.4 MW of PV
Thirteen requests for regulatory authorization to develop and operate photovoltaic plants worth a total of 392.4 MW have been received last week, according to Brazil's national electricity regulator.
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