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.
Sungrow sets inverter requirements in China
The Hefei-based inverter maker played a key role in setting the latest Chinese inverter standards. The new requirements will apply from August onwards.
WFES: A new realism for solar in MENA
Reports from the World Future Energy Summit (WFES) in Abu Dhabi suggest that MENA’s PV potential is vast, provided legal, political and technical maturity continues apace.
TÜV SÜD to offer new certifications for smart PV modules
The certification body has leveraged two existing certifications to create a standard assessment program for both DC and AC smart PV modules.
