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Finance

Abengoa given seven-month extension to agree on debt restructuring

Creditors of the Spanish renewable energy giant have agreed upon a seven-month grace period to allow the company to approve a restructuring of its debt, and avoid immediate bankruptcy.

Eging reports sharp growth in 2015

China module manufacturer Eging PV releases audited annual report for 2015 showing steep growth over past year; firm records new high in multi aspects of its business.

SunPower, Total collaborate on 27 MW Japan solar farm

Large-scale solar plan follows flurry of ground-mount completions in the Japanese mega solar sector. Analysts, however, expect wholesale shift towards rooftop sector in coming months as policy changes alter PV landscape.

REC announces s$250m R&D and production expansion in Singapore

Norway’s REC Group to invest s$250 million in automation ramp up at its Singapore HQ, with a portion of those funds to be steered towards R&D via collaboration with Solar Energy Research Institute of Singapore.

Singulus Technologies AG aims hopes at solar industry after reducing loses in 2015

After a tough couple of years for the PV equipment supplier, 2015 represented a slight turn around in fortunes for the German company, as it narrowed its net loses and put plans in place for a debt restructuring.

Singulus Technologies AG aims hopes at solar industry after reducing loses in 2015

After a tough couple of years for the PV equipment supplier, 2015 represented a slight turn around in fortunes for the German company, as it narrowed its net loses and put plans in place for a debt restructuring.

Polysilicon prices on the rise in China, but the US is excluded

A sharp rise in demand for polysilicon in China is leading to a partial price recovery; however US manufacturers are unable to take advantage after losing access to the market, according to market research company IHS.

Reports of SunEdison in debtor-in-possession talks, danger of bankruptcy

The long slide of SunEdison’s finances may be nearing bankruptcy, with a financial intelligence firm reporting that the company is in debtor-in-possession talks.

SolarCity continues streak of aggressively raising capital

The largest U.S. residential solar installer has closed on a US$131 million tax equity project fund, as well as issuing $105 million in bonds.

The pv magazine weekly news digest

“Large” – the word that dominates in the solar news this week. Large projects, storage systems and hopes. What would Sigmund say?

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