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Manufacturing

JinkoSolar, Soventix partner in South Africa

China’s JinkoSolar has teamed up with German group Soventix on one of the largest roof-mounted PV plants in South Africa.

Gehrlicher Solar sunk by termination of $110 million bank loan

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 subsidiaries Gehrlicher Solar America and Gehrlicher Solar Management remain unaffected by the move.

Dii refutes Desertec claims

Dii comms chief claims Desertec Foundation’s complaint about poor communications is ironic. Spokesman claims his organization read of the foundation’s decision to part company with the consortium via Frankfurter Allgemeine Zeitung. Also predicts forthcoming project announcements in Algeria.

Canadian Solar and Strata add 18 MW in North Carolina

Canadian Solar and Strata have finished four projects totaling 24.4 MW that are part of a 15-project, 85 MW portfolio in the state. The latest installations will use more than 60,000 Canadian Solar panels.

Leclanché secures financing for turnaround plan

Lithium-ion storage solutions manufacturer Leclanché has managed to secure more than $17.62 million in financing after a long and difficult fund raising effort. The company also announced its revenues for the first half of 2013.

US: 10 GW PV capacity reached

The solar photovoltaic capacity in the U.S. has now reached the 10 GW milestone. More than 1.8 GW of new solar PV capacity was installed in the first half of this year.

Conergy: operations to continue through insolvency

Four days after filing for insolvency in Hamburg, German solar group Conergy AG said operations at its subsidiaries would continue unchanged. While the company has halted work in Frankfurt an der Oder, it expects production to restart soon.

VC funding fluctuates but downstream and third party continue popularity

Downstream activity secured $128 million of the $189 million of VC funding raised for solar from April to June as third party solar companies raked in $1.33 billion.

First A credit rating for an Indian solar plant

Rajasthan project receives A rating by CRISIL, a division of S&P’s McGraw Hill Corp.

Berlin, Beijing resolve polysilicon dispute

In a conciliatory sign towards Germany that is sure not to be lost on EU trade minister Karel De Gucht, China has rejected punitive tariffs on European polysilicon imports.

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