UK: Trina Solar teams up with Oskomera
Trina Solar has partnered with Dutch developer Oskomera Solar Power Solutions to construct a 10.97 MW ground-mounted PV plant in North Norfolk, UK.
$8 billion hit for Spanish PV generators
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.
LDK negotiates a stay of execution
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.
GCL Goldpoly announces hitch in stake acquisition
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.
Lawmakers back SEIA efforts to end US-China solar standoff
The proposal by the U.S. Solar Energy Industries Association (SEIA) aimed at ending the solar trade row appears to be gaining momentum and winning the support of key lawmakers. SolarWorld executive remain skeptical, however.
US investor Kawa to save 350 jobs at Conergy
U.S.-based financial investor Kawa Capital Management will be taking over Conergy sales and service units in Germany, Italy, the U.K. and Australia. This acquisition is expected to secure 350 jobs.
Solar, wind could save the US $7 billion in fossil-fuel costs
Adding wind and solar power to the grid is more cost-effective than switching fossil-fueled power plants on and off to make up for the intermittent nature of renewable energy, says the National Renewable Energy Laboratory (NREL).
Applied Materials, Tokyo Electron to form new chip-making conglomerate
The acquisition of Tokyo Electron by California-based Applied Materials follows increased consolidation in the semiconductor equipment manufacturing sector.
Singapore's largest rooftop PV system underway
Turnkey services provider Phoenix Solar will develop a 1.2 MWp rooftop installation for CMM Marketing Management, a wholly-owned subsidiary of Sheng Siong, the third largest supermarket chain in Singapore.
Hanwha Q CELLS supplies 4.5 MW project in France
French renewable energy group VSB has tapped Hanwha Q CELLS modules for its solar farm in southeastern France, saying their reliability as well as Hanwha Q CELLS’ carbon certificate were decisive factors.
