The Chinese poly manufacturer will supply wafers and poly materials to Jinko Solar, GD Solar, Tongwei Solar and Hareon Solar over two years.
The 50 MW project in Wuwei, Gansu province, is proof of Trina’s downstream expertise, says CEO Jifan Gao. Trina oversaw every stage of the Wuwei project.
India’s largest solar cell manufacturer blames low cell prices for continued idling of one of its manufacturing plants.
The Shanghai manufacturer has reportedly confirmed its default on a $15 million interest payment to Chinese bondholders. The development comes despite the company’s presence on the Chinese government’s list of favored companies.
Solar farm investments and a rebound in rooftop residential demand have led to the U.K. becoming the most important solar PV market in Europe, according to exhibitors at this year’s Ecobuild show, London.
The German developer says the $2 million loan will tide it over until project sales and loan repayments bring in at least $14 million by the end of June. Solarstrom will also use the money to continue its search for a white knight investor.
The factory, in London, started operations in November and will supply modules for Samsung’s 300 MW Ontario solar pipeline. Samsung says it will create 9,000 renewables jobs in Ontario under the Green Energy Investment Agreement signed with the provincial government.
The solar module producers evolution to international markets has prompted the company to relocate its headquarters to the emerging Middle East.
The German inverter manufacturer opens bankruptcy proceedings, citing poor market conditions.
The solar company’s high-efficiency modules have been chosen for Italy’s Ferrara Aranova PV project.
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