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.
Indonesia: Auctions to award solar projects
Indonesia has decided to embark on using the auction system to award solar power projects. 172.5 MW of capacity are in the pipelines to be auctioned.
Gehrlicher Solar files for insolvency
Gehrlicher Solar AG has become the latest German solar company to file for insolvency as the ongoing crisis continues to take its toll.
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.
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.
Greece is the word for Chinese manufacturers
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.
Phoenix Solar, Silicon Ranch partner on 38.6 MW project in 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.
Conergy files for insolvency
German solutions provider Conergy filed for insolvency on Friday at the Hamburg District Court. Subsidiaries Mountain Systems and Conergy SolarModule also opened insolvency proceedings. Conergy’s management board expects German employees will recevie state-funded “insolvency wages” for the next three months.
