Yingli Green Energy reveals hefty debt burden, may have to liquidate assets
The leading solar manufacturer issues SEC filing in which it raises specter of inability to meet its outstanding obligations, which currently stand at more than $1.6bn.
The pv magazine weekly news digest
This week Russia unveiled plans to sell troubled PV projects in Crimea, China National Chemical Corp. finalized its acquisition of REC Solar and utility giant E.ON announced its partnership with Sungevity in Germany.
IHS: Chinese inverter prices declining as competition heats up
Inverter prices are falling in China amidst greater consolidation. Domestic manufacturers are also expanding oversees despite the continuing boom in the country.
Azure Power commissions 100 MW plant in India
The installation is the largest capacity project under the country’s Jawaharlal Nehru National Solar Mission. Azure is now the single largest owner and operator of projects under the National Solar Mission with a cumulative operational capacity of 142 MW.
SolarWorld narrows loss, increases sales in first quarter
The U.S. remains a prime market for the German company, which increased shipments in the country by 170% to 116 MW. The U.S. now accounts for 57% of SolarWorld’s module and kit shipments.
DTE Energy partners with Ford Motor, Domino's Farms to boost solar in Michigan
The latest PV projects solidifies the Detroit-based energy company’s position as the state’s largest investor in solar.
Tesla Powerwall battery coming to Germany in Q4
The announcement of a new and low-priced home battery from U.S. manufacturer Tesla is has generated quite a buzz in Germany, although many questions have remained unanswered — until now. pv magazine speaks to Tesla about its latest offering.
Sungevity appoints new chief global officer as it expands in Europe
The solar platform company is looking to expand its worldwide presence as part of a bolstered global strategy led by the newly appointed executive.
Hareon seals 930 MW solar deal with United PV Group
The Chinese solar company has signed an investment framework agreement with the group for 930 MW of solar PV.
UK's renewable generation up by 20%, says REA
Report by Renewable Energy Association and PwC finds installed clean energy capacity increased by nearly a quarter in past year, with jobs in sector up 9%.
