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Finance

Sunways AG receives purchase offer for its inverter business

Insolvent and bedeviled by debt, administrators warn the Konstanz-based subsidiary of LDK Solar that the offer is not sufficient to satisfy shareholder demands.

SunEdison raises funds to build facilities in Ontario, Canada

The Canadian firm is to build 33 MW of facilities in the province as part of an ongoing relationship with Deutsche Bank.

Global clean energy investment up 10% in first quarter

Massive rise in small-scale solar in Japan and the U.S. helps push renewable energy investment towards strong first quarter.

Obama to lay down solar challenge to US companies

A forthcoming Solar Summit hosted by the White House will outline government support for solar initiatives, including a $15 million PV pathway fund.

Solar cheaper option than nuclear, new study finds

Report commissioned by Germany’s Agora Energiewende reveals that new solar and wind plants are able to generate cheaper low-carbon power than the most modern nuclear reactors.

NextEnergy Solar Fund to invest in eight UK projects after completing first round of fund-raising

The fund is set to begin with eight projects, with a further 200 MW planned. The news comes following a disappointing week for funds specialising in renewable energy.

BayWa r.e. commissions 18 MW solar farm in UK

The fourth solar farm from the German renewable energy developer is located in the Welsh village of Whitland.

FLS Energy to build multiple solar facilities around North Carolina

The company is seeking to get $200 million in funding as it seeks to take advantage of the generous tax system proffered by the state.

China figures not a surprise, says IHS analyst

The predicted Q1 falls from Yingli and Trina Solar are to be expected, says IHS, as solar companies continue to fall on the market.

JinkoSolar connects 39 MW to China grid

The Chinese solar company has completed two PV projects in the province of Jiangsu, China.

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