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Finance

Asian consortium acquires Bosch's aleo solar

The deal, which effectively has Bosch paying the buyer to take over its financially wracked solar unit, could be a major opportunity for Taiwan’s Sunrise Global Solar Energy.

Upsolar boards global renewable energy fund

The Chinese PV manufacturer will contribute an initial $20 million to the fund, which aims to raise up to $300 million to finance 200 MW of alternative energy projects worldwide.

Solar stocks still on hot streak

The solar sector is soaring Stateside, boosted by strong support from the White House, innovative financing schemes and fawning analysts.

Further FIT cuts as UK government faces legal action

Despite being sued by 17 solar companies for cutting the FIT rate prematurely, the U.K. government has announced further degressions.

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South African firm starts CIGS production

PTiP opens R&D production line for thin film CIGS modules near Stellenbosch. German company Singulus supplied four process steps in the production line.

GCL issues profit warning

Ambitious GCL has warned shareholders it expects another loss for 2013. Plans for 1 GW of project development are a sign of the company’s hopes 2014 will bring salvation.

JFE breaks ground on 26.2 MW solar plant in Fukushima

The plant will be located at a former golf club in the Japanese prefecture, with completion scheduled for March 2015.

Suntech signs agreement over noteholder lawsuit

U.S. noteholders have secured a pledge to have their obligations treated on an equal footing with non-U.S. creditors. Suntech can now continue with Cayman Islands liquidation proceedings.

Yingli joint venture tops 100 MW of solar projects in China

The Chinese solar giant says its close cooperation with state-owned enterprises ensures long-term development of its downstream business across China.

Advanced Energy buys AEG control module business

The U.S.-based power conversion firm will contract AEG Power Solutions GmbH to manufacture modules at its factory in Germany.

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