Shunfeng PV shares rise on Wuxi Suntech bid
Cell maker Shunfeng has bid for an equity stake in Suntech’s insolvent manufacturing unit. Shunfeng directors say an acquisition would boost production and help downstream expansion plans.
Yingli shrugs off new antitrust lawsuit
Chinese module maker Yingli says representatives of Energy Conversion Devices, like those of Solyndra, are trying to make the company a scapegoat for their own failings.
Trina Solar: Stagnant module prices until 2017
Module prices are stagnating, some are even rising again. This is not a temporary phenomenon as Pierre Verlinden, Chief Scientist at Trina Solar explained at the EU PVSEC. It could continue well into 2017.
Bulgaria state-owned energy company calls for reintroduction of solar tax
Bulgarian Energy Holding (BEH) puts pressure on the government to impose a 30% tax levy on revenues generated by PV plants that sell power at preferential tariffs.
India's National Solar Mission, Phase II
The draft guidelines for India’s state JNNSM have been released. The guidelines include a 50% domestic content requirement despite the ongoing trade complaint with the U.S., Australia and Japan.
Californian utilities hit out against battery stored solar power
Three of the state’s largest utilities claim that customers with battery storage systems installed alongside their rooftop PV can give no guarantee that the energy they feed back to the grid is clean.
U.S. government shutdown hits solar
According to the U.S. Department of Energy’s contingency plans, all but those activities related to protecting life and property have stalled. Contract commitments will be honored until the money runs out.
New 6.5 MW PV plant enters service in Romania
Enel Green Power has connected the Colibasi plant, located in the south-eastern Romanian county of Giurgiu, to the grid.
SunEdison agrees to cancel wafer supply deal
Taiwanese cell manufacturer Gintech has surrendered $21.9 million of its security deposit to escape the final three years of the ten-year contract. SunEdison will return Gintech’s outstanding $35.1 million in quarterly instalments.
Pakistan: Punjab signs 100 MW MoU
The Pakistani state of Punjab has signed a memorandum of understanding (MoU) with British company Pan Africa under which a 100 MW solar power project will be developed in Bahawalpur in eastern Punjab.
