SunEdison agrees to cancel wafer supply deal
Taiwanese cell manufacturer Gintech has surrendered $21.9 million of its security deposit to escape the final three years of the ten-year contract. SunEdison will return Gintech’s outstanding $35.1 million in quarterly instalments.
GCL Poly chief exec is investigated
Chairman Zhu Gongshan and his son, and company director, Zhu Yufeng, are being investigated by the poly manufacturer for a potential breach of non-competition agreements. The enquiry relates to interests in two Chinese cogeneration plants.
SEIA propose compromise to end China-US trade spat
The Solar Energy Industries Association hopes its new proposals will end recent trade disputes and establish a “win-win” situation for both the U.S. and China, and the wider industry as a whole.
Hanergy extends bond payment deadline
Hanergy Holdings wants to give its solar subsidiary an extra 12 months to pay off $109 million in convertible bonds due at the end of November. The bonds are held by two other companies in the Hanergy stable.
Thailand to top emerging market table
Thailand’s adder scheme will drive 2.9 GW of installations as emerging markets account for 19% of new solar by 2017, says IHS. Europe will figure too with Turkey, Poland, Russia, Ukraine, Romania, the Netherlands, Switzerland and Denmark all contributing.
North America's largest airport solar power system set to open
The 12.5 MW PV plant at Indianapolis International Airport in the U.S. boasts 41,000 solar panels and is the largest solar power system on any airport in North America.
Canadian Solar sells two utility-scale solar plants to BlackRock
The Canadian company has entered into an agreement to sell two of its utility-scale solar power plants, totaling 20 MW, to a fund managed by BlackRock.
PVSEC: From Winter to Autumn
The hope for a slight increase in cell and module production brought a ray of hope to the gloomy atmosphere of this year’s EU PVSEC.
In the US, solar stocks take a turn for the better
A decline in wind projects, easing of international trade tensions and a number of acquisitions and partnerships that continue to enhance the popularity of solar have all factored in a boost for solar company shares.
India weighing 750 MW solar auction
Cabinet expected to approve Ministry of New and Renewable Energy’s plans to invite bids for 750 MW of solar PV capacity within the next ten days.
