GCL Poly negotiates supply contract resolution
The poly-manufacturer-turned-solar-developer has amended the terms of a contract to buy solar wafer manufacturing equipment. A claim had been lodged over an alleged breach of the $232 million agreement.
Belectric, Solar Frontier join forces
German plant developer Belectric has formed an EPC alliance with thin-film manufacturer Solar Frontier and engineering and construction firm Shoseki to exploit opportunities in Japan.
Orka completes 6.3 MW of projects in Belgium
The Belgian developer partnered with Martifer Solar and Cofely Solar Technics on the large-scale commercial rooftop installations in Brussels.
NextEra lands new $750 million credit line
The Juno Beach-based energy company has replaced a $500 million credit line for one of its renewables subsidiaries that expired last week. Another NextEra business has issued $297.5 million of notes to finance a 147 MW wind farm in Ontario.
Goldpoly to be renamed
Polysilicon manufacturer Goldpoly New Energy Holdings will rename itself the United Photovoltaics Group. The company’s Zhongli Changzhou subsidiary acquired a 45% stake in three Chinese plants at the weekend.
Aleo solar closes Australian and UK units
The two subsidiaries were unprofitable and missed sales targets, said the company. A recent purchase of some of parent group Bosch’s solar operations left aleo in the cold.
China State Grid becomes shareholder of Dii
The world’s largest power utility joins the Desertec Industrial Initiative via its subsidiary, China Electric Power Research Institute (CEPRI).
S.A.G. Solarstrom announces insolvency
After weeks of contract uncertainty and cash flow shortfalls, the struggling solar supplier has today filed for insolvency, and will be unable to make its impending corporate bond interest payment.
Yingli jubilant at completion of world's largest PV-hydro hybrid project
The Chinese module manufacturer supplied 15 MW of modules for the Longyangxia Dam project, and has expressed its congratulations on its successful grid connection.
US Energy Department backs solar manufacturing industry with further $13 million
The funds will be invested in five PV and CSP solar projects in order to strengthen the country’s domestic solar manufacturing and speed-up commercialization of new technology.
