Latest markets & trends headlines
Chinese polysilicon manufacturer GCL Poly has announced a delay in its plans to acquire an equity stake in solar developer Fengxian Huize. A busy day also saw the company's CFO resign.
The Chinese manufacturer has negotiated a 30-day window relating to overdue interest on bond notes. With $4.4 billion of short-term debt at the end of August, LDK has some tough talks ahead.
Spain's PV industry body UNEF says generators will lose a fifth of the payments they could have expected from 2010 to 2020. The reductions are part of the Madrid government's determination to reduce renewables subsidies.
German solar solutions provider Conergy is currently in negotiations with seven potential investors from Asia and Europe for the takeover of its Conergy SolarModule facility in the eastern German state of Brandenburg. Employees...
Lack of space and fewer incentives will cause Japan's large-scale solar market to contract rapidly once the 2014 fiscal year has passed, reports Tokyo-based Yano Research Institute.
The African Development Bank has approved $50 million of funding for solar and geothermal investment in the African country. Ten remote rural districts will benefit from off-grid PV installation.
The Housing Development Board (HDB) of Singapore is currently drawing up plans for the largest single solar-leasing project to date. The tender calls for 5MW in total in four precints on the main island.