SunPower signs three-year new home deal
US manufacturer SunPower will supply household systems for Meritage Homes over the next three years. Meritage says that should amount to more than 2,000 rooftop systems.
Suntech liquidators start chapter 15 proceedings
The Suntech liquidators want to have Cayman Islands liquidation proceedings recognized in the US. Move would protect Suntech from any actions brought by US creditors.
Solar leads pack in new US generation capacity
Solar led the charge of renewables which accounted for over 99% of new electrical generation capacity installed in the US last month. But despite providing 287 MW of the 324 MW added in January, solar still represents only 0.7% of America’s total electricity generation mix.
Hanergy sells UK business for 13 cents
The ‘sale’ is part of a reorganization which will continue the group’s solar equipment business’ movement into downstream and applied solar. The UK business sells thin film rooftops through Ikea.
LDK files for Cayman Islands liquidation
The Chinese wafer giant stressed the move will not be replicated in its domestic market. LDK says it expects a favorable conclusion to talks with creditors to be held ‘over the next few days.’
ReneSola expands solar presence in Japan and UK
The Chinese company has provided 13 MW of modules to a U.K. solar park and announced it is to begin producing solar panels in Japan.
Japanese FIT set to fall
A solar analyst predicts the world’s most generous FIT will be cut by 14% from April. A committee of experts has revised down its estimate of operation and maintenance costs for solar.
Delay in details of Shunfeng-Suntech acquisition
Shunfeng has delayed the release of details of the acquisition days after Suntech’s liquidators said they would be closely examining the terms. The liquidators recently stepped up debt recovery efforts.
Juwi to develop 10 MW Texan project
German developer juwi has signed a 30-year PPA for a 10 MW solar project with utility El Paso Electric Company. The project is set to be generating in December.
Solar renaissance is under way, says IHS
Production capacity investments by Canadian Solar and SunPower will be the first of many, predicts IHS. The market research company is also predicting microinverters will start to gain traction this year.
