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Finance

LDK directors resume control

Provisional liquidators’ powers expire as company expects to institute restructure next week. News follows signing of a 30.6 MW module supply deal in China.

Locus Energy nears 1 GW landmark

New Jersey solar monitoring company processing data from almost 1 GW of installations. Demand for SolarNOC software has led the way.

Africa's largest microgrid

Annobon Province project, at 5 MW, will be Africa’s largest. Project is being developed by three US companies on an island off Equatorial Guinea.

New Mexican utility proposes rooftop solar tax

PNM wants owners of new systems to pay $18-30 per month from 2016 onwards. Electric utility says solar projects have cost it $79m but rooftop systems have reduced its costs.

Deadline for complainants in Vivint Solar class action

NY law firm says unhappy shareholders can join its class action until January 20. After floating at $18.71 per share on October 1, solar leasing company’s stock is now trading below $8.

pv magazine weekly news digest

Especially for you: Hanwha trumps Chinese big beasts with mooted merger in bid for Christmas number one, its rooftops against communities in the bid for America’s solar soul and Steven Seagal rides to the rescue, kind of.

Hanwha SolarOne to merge with Hanwha Q CELLS

Hanwha SolarOne will pay $1.2bn to acquire Germany’s Hanwha Q CELLS stock as ongoing disputes between China and the U.S. and EU force a strategic rethink.

Utility acquires Element Power US

Capital Power will pay $114 million for US subsidiary’s renewables portfolio. Element Power US has 15 MW North Carolina PV project among its four North American solar schemes.

Advanced energy drives California job creation

Solar employs almost 73,000 workers among the 431,800 working in advanced energy in the state. Rise in AE job numbers far outstrips general state and national employment rises.

Peel-and-stick solar cells

Stanford professor says peel-away solar cells could revolutionize BIPV. Chinese academic is working on scaling up the technology.

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