EU ProSun backs French-German solar plans
The joint initiative of EU solar businesses welcomes the proposals, stating that Europe “must bet on a strong solar industry.”
EU leaves Taiwan loophole open
Industry source says defining module origins according to their cell manufacture renders the summer’s import cap meaningless. According to source, the remaining purely ‘Chinese’ modules will be far short of 7 GW.
China issues stiff response
The Chinese Ministry of Commerce has reportedly issued a strongly worded riposte to the U.S. over its latest anti-dumping and countervailing duty probes. China has also issued a veiled warning to EU manufacturers.
Plans for 120 MW plant in the UAE
The 40 MW project planned by Utico could triple in size if it can be connected to the UAE grid, says developer. The project will also power a desalination plant in the emirate of Ras al Khaimah.
Chinese module suppliers increase global market share
Falling production costs are driving Chinese module giants to bigger solar market shares. Yingli and Trina now have 15% of the world module market, says NPD Solarbuzz.
Liquidated Suntech appoints new CFO
Deyong He will replace Weiping Zhou, who resigned as interim CEO, CFO and president of the rump Suntech company for ‘personal reasons.’ What is left of Suntech will hold a creditors’ meeting on Grand Cayman on February 12.
LDK holds off creditors for another 21 days
Noteholders will hold off until February 13 over the 10% notes. The holders have been waiting for an interest payment associated with the 2014 notes since August 28.
Triple whammy for U.S.-listed Chinese firms
News of a ban on the big four accountants auditing U.S.-listed Chinese solar companies is more grim news for manufacturers. The development came on the day the SEC confirmed its latest AD and CVD probes.
Sharp continues retreat from overseas solar
The Japanese electronic giant will close its U.S. panel production a month after manufacturing halts in Wales. The move is in line with the parent company’s strategy of focusing on domestic and Asian markets.
NextEnergy targets 180 million PV investment on London Stock Exchange
The solar farm management group hopes to raise £150 million (180 million) to invest in UK solar projects by floating NextEnergy Solar Fund Ltd on the London Stock Exchange.
