VC funding fluctuates but downstream and third party continue popularity
Downstream activity secured $128 million of the $189 million of VC funding raised for solar from April to June as third party solar companies raked in $1.33 billion.
First A credit rating for an Indian solar plant
Rajasthan project receives A rating by CRISIL, a division of S&P’s McGraw Hill Corp.
Gehrlicher Solar files for insolvency
Gehrlicher Solar AG has become the latest German solar company to file for insolvency as the ongoing crisis continues to take its toll.
Chinese poly producers – demand driving production, not tariffs
Daqo and GCL-Poly deny they have raised production levels ahead of the expected imposition of duties on foreign polysilicon in China. Demand is driving our output, say both as EU-China trade talks reportedly near resolution.
Romania installs 175.5 MW of new PV in six months
Romania reaches 203.5 MW of installed PV capacity of which 175.5 MW has been electrified in the first half of 2013. Country’s PV pipeline amounts to 2.7 GW in coming years.
Conergy reportedly in talks with Asian investor
Germany’s Conergy AG is reportedly in negotiations with a potential investor from Asia who may be willing to invest up to 50 million for a 30% stake in the company if banks accept a new deal.
Construction starts at Macho Springs
New Mexico’s largest solar project is set to be completed by May 2014. First Solar scheme will sell energy to El Paso Electric under 20-year PPA.
Japan and China hold fate of PV in their hands
Consultant predicts more than 45% of the world’s demand for solar power will come from the twin Asian markets in the rest of 2013. A record 35.1 GW of demand is predicted for the full year figure.
June stock report: The EC and China try to cut a deal
Solar equities investors are trying to navigate turbulent waters as uncertainty clouds the way to long-term safety and security.
China Sunergy sees first-quarter revenue increase
China Sunergy saw revenue rise 13.4% in the first quarter of 2013 as it continued to expand operations in emerging markets. The company is aiming for a return to net profit in 2013.
