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Finance

SEIA calls for investment tax credit rethink

The U.S. solar industry fears plans to end the ITC could decimate the industry. Rhone Resch has called upon president Obama to rethink his solar tax credit plans.

US posts record year for solar in 2013

GTM Research and the SEIA predict a further 6 GW of installations in 2014. But GlobalData sounds warning note over importance of support mechanisms as Obama prepares to withdraw ITC.

Canadian Solar back into profit

Positive figures reveal refocus onto downstream business slipped back for Chinese solar company. But Canadian Solar releases a positive outlook for 2014, including for its ‘total solutions’ business.

S.A.G. Solarstrom sells its largest German project

Proceeds from the sale of the 10.1 MW solar park will be used to repay the bridging loan from Deutsche Bank.

India's Solar Energy Corp identifies site for 1 GW PV plant

The corporation will develop its new 1 GW solar park on a 5,000 acre site in the Indian state of Andhra Pradesh.

Bright prospects for US solar stocks

Some of the largest solar companies in the U.S. post positive perfomances on the markets as 2014 cranks into gear.

LDK Solar appoints liquidators as winding-up procedures begin

Having missed bond repayments last year, the solar wafer company will pursue liquidation proceedings on all offshore debt.

Centrosolar approves US-focused restructuring program

Creditors vote in favor of a board proposal to continue trading through Centrosolar America Inc., and to sell off the group’s remaining European subsidiaries.

Sri Lanka strikes deal on 150 MW solar PV project

The island nation’s Board of Investment has agreed a $190 million contract with Australia’s Energy Puzzle Group to develop the factory.

GCL-Poly signs 4 GW wafer supply contract with Taiwan companies

The Chinese manufacturer has signed a three-year deal with Taiwanese cell makers Neo Solar Power and Topcell Solar International Corporation.

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