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Finance

Swaziland to construct 100 MW solar farm

The new $185 million PV installation will be the first of its kind in the southern African nation, generating clean power at $0.12 per kWh.

US public land solar auction fails to attract bidders

Inaugural federal auction held by the Bureau of Land Management (BLM), arranged in response to growing private sector interest in solar development, receives no bids.

LDK Solar arranges second 30-day payment extension

The debt-saddled manufacturer has negotiated another 30-day period in which it will pay no interest on its loans as the company explores financing options.

Chicago Solar Express project simplifies rooftop PV for city residents and businesses

Project designed to cut rooftop PV installation times from 30 days to one, reduce costs by 25% and streamline permit and zoning process.

Two Centrosolar Group AG subsidiaries leave protective shield, file for preliminary insolvency

The latest financing concept for the stricken PV supplier sees Centrosolar AG and Centrosolar Sonnenstromfabrik GmbH lose creditor protection as the group attempts to stay afloat.

Suntech acquisition could cost almost $1 billion

Sources close to Shunfeng’s planned acquisition of Wuxi Suntech speculate it could cost CNY5 billion-6 billion. Shunfeng has suspended trading in its shares pending an announcement on the deal.

Yingli Green Energy pledge 59 MW of PV modules for China's Three Gorges New Energy

The panels, for three ground mounted projects in Gansu, Hebei and Baoding, will be delivered before the end of 2013.

SolarCity teams up with Hawaiian Electric Company to develop 15 MW PV plant

The 50-acre project will become the largest PV installation on the island of O’ahu, offsetting an estimated 1.8 million gallons of oil consumption.

GCL Poly profits up to $47 million

The solar developer’s third-quarter update paints a healthy pciture. Staffing costs at GCL Poly have almost halved this year.

Indian state Madhya Pradesh targets 1.4 GW of solar power by 2015

With 202 MW currently installed, the state has set a target of 1,200 MW of solar power generation capacity by June 2015.

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