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Finance

Market troubles hit solar stocks

Shares of publicly traded solar companies were already suffering from a faulty association with the price of oil, but the recent fall in global markets has furthered declines.

SkyPower: from creditor protection to global force

Canadian developer’s CEO says two more GW-scale deals imminent. Kerry Adler says deals in Middle East and Africa will be signed within two months.

11+ GW of rooftop potential in NYC

New solar rooftop mapping tool has assessed more than one million rooftops in the five boroughs. Mapdwell system offers community funding model and link to nearby installers.

The pv magazine weekly news digest

90s nostalgia afflicts solar as utilities clutch at straws in the US, the EU hurls penalties at impervious Chinese glass makers and digest regular Frank Asbeck prepares to count the dollars.

China Sunergy's 260 MW deal to supply modules to the state

Latest move to shore up domestic solar industry sees state-owned company sign purchase agreement. 12-month supply deal backdated to start last month.

Taiwan's Motech secures US$197 million loan

Motech Industries Inc. has signed a three year loan agreement worth US$197 million. Existing debt will be repaid and working capital funded.

Znshine officially out of MIP

The European Commission has officially removed Chinese solar PV module manufacturer, Znshine from the EU minimum price (MIP) agreement. It has rejected calls for retroactive withdrawal, however.

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Hörmann Group takes Innotech’s insolvent cell production over

The Hörmann Group has taken over ITS Halle Cell GmbH, a German subsidiary of the insolvent Norwegian group Innotech Solar AS. The newly-founded Hörmann ITS Cell GmbH has acquired 31 employees and the PV production site in Halle.

JinkoSolar raises FY module shipment guidance

JinkoSolar has raised its full year solar PV module shipping guidance to 4 to 4.5 GW, and expects to grid connect up to 800 MW of new projects. Overall, the Chinese solar company has recorded a relatively strong Q2.

Federal regulators clear SunEdison to acquire Vivint Solar

SunEdison has the approval of the U.S. government to proceed with its planned acquisition of Vivint Solar, which will give the company a major presence in the U.S. residential solar space.

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