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Finance

China Solar chairman jailed in China

The chairman and two directors of China Solar, including the chairman’s son, have been arrested and detained by authorities in Dali since August 26. The trio are being investigated over the alleged false reporting of registered capital for two subsidiaries.

Energy efficiency is the way forward

The Asian Development Bank says the expense of implementing a low carbon energy future is larger than the saving to be made from reducing fossil fuel use. The bank’s Asia Pacific update looks at two energy scenarios to 2035.

Belectric USA to install 60 MW of PV in Puerto Rico and California

The combined capacity of 60 MW will be spread over several ground-mounted solar power plants in the U.S. state and Puerto Rico.

Solutronic insolvency evidence of overcrowded German inverter market, say IHS

Intense price pressure and a rapid decrease in solar inverter shipments has pushed domestic suppliers to the brink, according to analysts.

JinkoSolar signs strategic agreement to develop 120 MW PV plant in Jiangsu Province, China

The plant will be located at the Electromechanical Industrial Park, covering an area of 1.2 million square meters and due to come online within three years.

Canadian Solar commences construction on Canada's largest PV project

The 100 MW Grand Renewable Solar Project in Ontario is being developed by Samsung Renewable Energy and is expected to be operational by 2015.

Conergy acquires 20% of Thailand PV market share with new 21 MW solar project

The PV solution and service provider has installed more than 70 MW of PV capacity in Thailand since 2012, and with a pipeline exceeding 100 MW is the market leader in Thailand.

XsunX introduces new solar power project development services

The renewable energy technology company has expanded into solar power project development and construction services.

Centrosolar applies for creditor protection

The German PV manufacturer has applied for a protective shield at a local Hamburg law court in order to protect the company from anticipated creditor demands during a restructuring process.

1366 Technologies raises $15 million for solar wafer plant

The Massachusetts, U.S.-based company received the backing in a Series C financing round led by Japan’s Tokuyama Corp. The money will be invested in a plant capable of manufacturing 250 MW of solar cells a year.

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