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Finance

Sharp to market solar windows

The Japanese giant will showcase solar window and balcony railings at PV Japan 2013. The windows will cost around $2,000 per square meter.

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Mascotte's $250 million due diligence bill

The Taiwanese company has been forced to take HK$1.93bn hit in its 2013 figures, part of a HK$3.03 billion annual loss, after due diligence over the Sun Materials acquisition failed to spot a hydroflouric acid problem.

Suntech creditor claims total almost $1 billion

The Chinese manufacturer’s European unit has revealed a mountain of debt, including $454.3 million for its insolvent Wuxi Suntech unit.

Westinghouse-CBD merger is off

Californian solar installer calls off deal after ‘continued delays and uncertainty.’ Westinghouse Solar also faces a name change after falling behind on brand licensing payments.

Indian manufacturers allege EU module dumping

Three manufacturers have complained about dumping of cells and modules from the EU and Japan. Same three companies have an ongoing complaint about cells from the U.S., China, Taiwan and Malaysia.

Thai FITs for further 1 GW of solar

Thai government announces FIT rates for 200 MW of rooftop solar and 800 MW of community-owned ground mounts. Systems will pay rates over 25, rather than previous ten, years and rooftops must be installed by December.

Conergy brand and salesforce acquired by US private equity group

Conergy’s global sales units acquired by U.S. private equity group. Kawa Capital deal excludes mounting system and module production units but administrator is hopeful of sales as module production resumes in Frankfurt (Oder).

US halts mining in Solar Energy Zones

Department of the Interior halts new mining claims for 20 years in its Solar Energy Zones. Almost 304,000 acres across 17 sites in six western U.S. states will come under the 20-year mining ban.

Solarworld first-half figures disappoint

Company pins hopes on acceptance of restructuring proposal by shareholders as client uncertainty weighs on figures for first six months of 2013. Company did, however, rein in losses.

Approval for 30 MW project in the Philippines

US$55 million scheme in Ilocos Norte is the third PV project to win a certificate of commerciality in the country. South Korean developers expect to be fully operational in late 2014.

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