REC shareholders to vote on new convertible bond
Rebellious REC shareholders will vote on a proposed $110m bond on Wednesday with a more controversial vote over splitting off the downstream solar business looming later in the month. REC wants to separate its module and silicon manufacturing businesses.
SolarWorld supplies largest solar project in Dominican Republic
U.S. manufacturer SolarWorld has supplied nearly 6,000 panels and racking for a 1.5 MW array at Cibao International Airport. The project is the largest in the Dominican Republic and one of the largest in Latin America.
SEIA white paper addresses US solar asset valuation best practice
The Solar Energy Industries Association (SEIA) has published a comprehensive white paper addressing the most common pitfalls and suggested best practice when valuing U.S. solar energy projects.
Sunlabob to lead on solar PV training in Kiribati
Laos-based Sunlabob Renewable Energy wins contract to provide hands-on solar PV training and related equipment to the Pacific island state of Kiribati.
Yingli Green Energy halves losses and posts 26.1% growth in second quarter
Second quarter revenue surges past $550 million as the company halves its losses for the second quarter of 2013.
Three directors resign at Suntech as cash flow concerns continue
Stricken Chinese solar manufacturer Suntech suffers top-level resignations as internal debt and leadership problems worsen.
LDK Solar increases sales, reduces loss in Q2
China’s LDK Solar managed to improve revenue and narrow its hefty loss in what its CEO says is an improving market environment. However, the group remains straddled by billions of debt.
PV projects buoy Shikun & Binui's Q2 results
Construction of photovoltaic projects boosted the Israeli group’s revenue in the second quarter. The renewable energy division was one of Shikun & Binui’s strongest growing corporate segments.
REC sees boost in Japan but US business in danger due to trade dispute
While Japan is becoming increasingly important for REC’s solar panel division, the ongoing trade dispute between the U.S. and China is endangering the group’s polysilicon business in Washington.
Positive signals from Trina, Yingli and Jinko Solar
Analysts from IHS see the second quarter of 2013 as a turning point. Leading Chinese PV manufacturers have posted very positive quarterly figures and markedly improved prospects. The recovery is not expected to be short lived.
