China Electric Equipment Group has agreed to buy Sunergy Shanghai from China Sunergy in a deal worth $37.7 million (RMB 231.2 million).
The Swiss technology company yesterday announced that its Chinese partner Yingkou Jinchen will acquire 51% of its solar stake.
NRG Energy has bought Roof Diagnostics Solar (RDS) for an undisclosed amount.
The name change is a reflection of the Chinese company’s expansion into the development of large scale PV plants.
The Bloomberg New Energy Finance tiering system for PV module makers ranks producers based on bankability and assistance given to developers and EPCs.
The companys Power Supply Container generates and stores solar energy, and is ideal for for rural off-grid areas.
Figures from the China Chamber of Commerce confirm China-European business revenues down by $3.7bn last year.
The Japanese company has purchased A123 Energy Solutions from China’s Wanxiang Group for a reported $100 million.
The Energy Storage trade fair in Düsseldorf begins with a rousing call from California for more energy storage solutions.
The Ministry of New and Renewable Energy may introduce a separate scheme for Public Sector Undertakings.
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