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Gehrlicher Solar sunk by termination of $110 million bank loan

Gehrlicher HQ Dornach

German photovoltaic group Gehrlicher Solar AG said on Tuesday that its decision to file for insolvency on Friday was prompted by the termination of a $109.5 million loan by a banking consortium. The company added that its...

Phoenix Solar, Silicon Ranch partner on 38.6 MW project in Georgia

Atlanta, Georgia

Phoenix Solar and Silicon Ranch Corporation have joined forces to build a 38.6 MW solar plant in the U.S. state of Georgia. Georgia Power will buy the generated electricity under a 20-year PPA deal.

Greece is the word for Chinese manufacturers

Port of Piraeus, Greece

Chinese solar PV manufacturers are eyeing a possible move to Greece in an effort to mitigate the impact of EU anti-dumping tariffs. Chinese operations at the Port of Piraeus in Athens could help.

SolarWorld appoints representative at noteholders' meeting

SolarWorld gathered its noteholders for a second round of meetings today. This time attorney Alexander Elsmann was appointed to represent all noteholders.

Indian state of Gujarat may cut solar feed-in tariff

Canal PV plant in Kadi, Gujarat

Gujarat's utility company is recommending a reduction in the tariff rate it pays for solar power from the current price of US$0.21 a kilowatt hour to about US$0.15.

Thailand greenlights 29.5 MW of solar projects valued at $75.6 million

Grace Solar Thailand solar park

The Thai government has approved 29.5 MW of new solar projects as demand for electricity continues to rise.

Lower revenue for Aleo Solar in the first half of 2013

Module manufacturer Aleo Solar AG has reported that it expects a plunge in revenue. The profound decline in demand in Europe and the price erosion have been quoted as reasons.

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