VC funding in solar rises to $207 million in Q3, reports Mercom
The global consulting firm’s report also reveals the solar industry enjoyed strong total corporate funding and increased M&A activity compared to Q2.
New Generation plans 500 MW São Paulo project
The Chicago-based company is planning to develop a mega project, in 30 MW sections, in the city of Taubaté. The huge project will cost an estimated $900 million.
Shunfeng PV shares rise on Wuxi Suntech bid
Cell maker Shunfeng has bid for an equity stake in Suntech’s insolvent manufacturing unit. Shunfeng directors say an acquisition would boost production and help downstream expansion plans.
Yingli shrugs off new antitrust lawsuit
Chinese module maker Yingli says representatives of Energy Conversion Devices, like those of Solyndra, are trying to make the company a scapegoat for their own failings.
Greece to pass a new fee for solar PV producers; legislate new metering
The Greek Parliament’s commerce committee votes through a new renewable energy systems (RES) bill, which adds an extra fee to solar photovoltaic power producers. The new bill also brings into force net metering.
Bulgaria state-owned energy company calls for reintroduction of solar tax
Bulgarian Energy Holding (BEH) puts pressure on the government to impose a 30% tax levy on revenues generated by PV plants that sell power at preferential tariffs.
India's National Solar Mission, Phase II
The draft guidelines for India’s state JNNSM have been released. The guidelines include a 50% domestic content requirement despite the ongoing trade complaint with the U.S., Australia and Japan.
U.S. government shutdown hits solar
According to the U.S. Department of Energy’s contingency plans, all but those activities related to protecting life and property have stalled. Contract commitments will be honored until the money runs out.
Solar margins improving, but a long way to go
pv magazine’s Michael Fuhs spoke to Jenny Chase, of Bloomberg New Energy Finance, to get the story behind the latest solar figures and find out why she thinks solar is a commodity, not a high-tech industry.
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.
