Chinese players continue rearguard action
United PV strengthens fundraising powers of its board and GCL Poly rolls over convertible shares. Actions to shore up solar stocks continue.
The pv magazine weekly news digest
The UK government kills solar, Hanergy falls out with itself and Yingli attracts a somewhat egregious class action lawsuit, but at least there was some good news out of India.
UK should taper off subsidies over five years
KPMG report says cutting incentives immediately, as DECC proposes, will harm the industry. The UK energy market is geared towards fossil fuels.
New low price for Indian solar
Canadian company agrees $0.08 price for Madhya Pradesh plants. The deal puts pressure on Indian subsidy regime.
Location of Renesola's Japanese projects revealed
Chinese manufacturer reveals few details about 22.5 MW contract wins. Renesola also refused to reveal its Japanese solar ambitions.
Edison wants to acquire supercapacitor company
Canadian company Sunvault receives letter of intent. Edmonton company uses graphene-based supercapacitor technology developed at UCLA.
Shareholder lawsuit launched against Yingli
Troubled manufacturer is accused of misleading potential investors. Chinese giant was unable to borrow from lenders, say claimants.
350 MW co-generation plant to drive down cost of poly
Power and steam from new plant will be used in manufacture of polysilicon. GCL Poly says today’s opening will drive down price further.
SunEdison, TerraForm Power pay $2.2bn for Vivint Solar
Definitive merger agreement with SunEdison yieldco vehicle TerraForm Power will see the company acquire Vivint Solar’s 523 MW U.S. residential PV portfolio.
Chinese-Indian deal targets 2 GW of projects
Indian manufacturer Rolta Power and Chinese counterpart Zhenfa want two per cent of India’s 100 GW, five-year market. The two companies have reportedly signed an MoU.
