Having warned last week that the Chinese solar company’s status was under review, the NYSE yesterday determined that LDK was no longer suitable for listing.
Chinese polysilicon and wafer supplier GCL-Poly has signed a credit facility agreement with the China Development Bank in order to further develop its domestic solar farm business.
The Senate of the U.S. state voted unanimously 46-0 to boost state tax credits for solar PV installations.
Figures from GTM Research suggest the market is evolving from niche sector to successful, growing segment of the solar industry.
Strong start to 2014 follows encouraging 2013 in which the company significantly reduced its consolidated net loss from the previous year.
The European Bank for Reconstruction and Development (EBRD) and the Black Sea Trade Development Bank are to work together to finance EDP Renovaveiss (EDPR) building of 50 MW of solar plants in Romania.
The German solar PV company reported a consolidated loss of 10.7 million ($14.7 million) last year, down from 37.3 million in 2012.
The rapid expansion of the solar market in China and Japan is off-setting the decline across Europe, according to analysts IHS.
The U.S. conglomerate will invest in the Setouchi-based solar power project, which will cost an estimated $777 million and become Japans largest once complete.
The president of EU ProSun has reacted angrily to todays report from The Intergovernmental Panel on Climate Change, accusing the continents leaders of not doing enough to promote renewable energy.
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