Skip to content

Finance

EPIA backs call for 2030 renewables target

The European Photovoltaic Industry Association has backed calls by two committees of the European Parliament to extend the 2020 renewables commitment. The EPIA wants 45% of energy to come from renewables by 2030.

SolarWorld restructuring is cleared

A Cologne court has cleared the final legal obstacle to SolarWorld’s debt-for-equity restructuring. Frank Asbeck ushers in ‘the birth of a new SolarWorld.’

Funding reflects solar advance into mainstream

Market research company Mercom Capital says public fundraising rose while VC funding declined in 2013. Large-scale projects flourished worldwide with 9GW added in the final quarter of last year.

Shunfeng PV secures $162 million credit line

Purchaser of Wuxi Suntech finances construction of six projects in China. The projects will add up to 130 MW of capacity in Xinjiang Uygur province.

CEO of rump Suntech business resigns

Weiping Zhou has stepped down as interim CEO, CFO, director and president of Suntech Power Holdings. A brief statement to the SEC said the move – with immediate effect – was for ‘personal reasons.’

Commercial electric vehicles hit landmark

The first two vehicles leased by Slovakian company GreenWay have travelled further in six months than any other, the company claims. The distance travelled makes them cheaper to run than conventional vans, says Greenway.

More grim news for aleo solar

The former Bosch subsidiary is expecting a $95 million loss for 2013. Revenues at the module manufacturing business fell 55.5% on 2012.

Jinko acquires Topoint production lines

Jinko Solar will expand its production capacity with the addition of the bankrupt Topoint group’s production lines. Jinko will start operations, under lease, on Monday.

Polysilicon stabilization will be short-lived

Researcher says the new poilysilicon production capacity expected this year will see a return to oversupply conditions. Polysilicon will fall back to $16/kg by the end of the year, according to new report.

Hanwha SolarOne signs 50 MW US deal

The global module supplier has reached a memorandum of understanding with OneRoof Energy of the U.S. to supply 50 MW of modules for its rooftop projects.

This website uses cookies to anonymously count visitor numbers. View our privacy policy.

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close