Legal

Taiwan’s Gintech, Solartech and NSP merger creates new solar entity, UREC

Newly formed United Renewable Energy Co. is the result of the merger between three of Taiwan’s leading solar companies. Move comes at a time of intense competition in the Taiwanese solar space.

Greenpeace applies solar pressure on EU leaders

The global environmental organization’s ‘Go Solar’ campaign urges the European Commission to introduce EU policies designed to usher in 100% renewable energy era, with solar at the forefront of change.

German custom authorities uncovers fraud involving solar modules from China

More than €30 million in anti-dumping and countervailing duties could have been circumvented by a German company importing modules from China, according to the German custom authorities.

Dubai has 17 MW of solar installed under net metering

The Shams Dubai initiative encourages DEWA residential and commercial customers to install rooftop PV systems under net metering in order to reduce their energy bills.

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ReneSola to sell all shares in solar manufacturing business to CEO

Share purchase and subscription agreement struck by the Chinese solar company will see 100% of all share capital related to its manufacturing and LED distribution business transferred to the CEO, Xianshou Li, as part of firm’s restructuring.

Possible exemptions to Section 201: A lifeline for the U.S. market?

Friday’s ruling by the ITC found no injury from several nations including Canada and Singapore, which could exempt imports from these nations from trade action. What does that mean for the U.S. market?

Fortum wants to buy Uniper shares for €3.8 billion

Finnish energy group Fortum could take over a 46.65% stake in Uniper from Eon, with a deal expected to be made as early as the start of 2018. Eon hopes to see proceeds of €3.8 billion from the sale.

Moser Baer Solar asks Indian central bank to postpone loan repayment

Troubled PV module supplier Moser Baer Solar (MBSL) has asked the Central Bank of India to postpone its loan repayment schedule on claims that its business prospects have been damaged by a deluge of cheap Chinese PV modules that have flooded into the Indian market.

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India obstructs states to prevent 7 GW of PV projects at risk

The Indian power ministry has released notice preventing any renegotiation of signed PPAs in the solar PV sector, calculated at a potential $7.5bn worth of solar projects.

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DuPont and Dow finalize merger in $130bn deal

The two firms, which specialize in the production of backsheets and other materials for the solar industry, have completed a merger of equals that has been on the cards for almost two years.

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