JA Solar repays bonds
Chinese PV manufacturer JA Solar has repaid the US$119 million for convertible bonds that was due May 15. The company has stated that it remains commited to meeting all debt obligations to protect the interests of stakeholders.
EU: Big discrepancy expected between provisional and final AD solar duties
The EU anti-dumping Committee met on Wednesday to discuss the EUs Commissions plans to impose AD duties on Chinese solar imports of an average 47%, but no results were reached. The EU member states now have until May 24 to deliver their comments. EU sources say that there will be considerable discrepancy between the provisional AD import duties and the definitive decision on duties due in December.
Siemens study shows Europe can save billions in renewables pursuit
Power generation solutions provider Siemens has released a study analyzing electrical power producing systems, especially renewable power plants, in Europe, and has identified the potential for optimization. Project siting has been cited as the key factor to reap savings; savings to the tune of 45 billion.
China waits on EU verdict
China to wait on EU solar panel anti-dumping decision before announcing results of its own probe into polysilicon imports.
U.S. added 33 MW of new solar in April
17 MW Yuma project the pick of nine new and expanded solar installations as U.S. reaches a cumulative 5.14 GW of generation capacity.
Power-One shareholders sue ABB
Swiss power and automation technologies giant ABB announced on April 22 the acquisition of inverter manufacturer U.S. Power-One. But shareholders of the American company are claiming that the US$1 billion sale price is too low. On Tuesday they filed a class action against ABB.
SNEC: Trade case uncertainty further depresses investment
As the 2013 SNEC tradeshow closes its doors in Shanghai, uncertainty over the EU trade case and lack of cash flows remain major impediments to investment and innovation. New business opportunities in emerging markets are also seen as vital for manufacturers as SNEC proves to be a meeting point for the Asian-Pacific PV industry.
Gehrlicher secures 85 million in financing as it seeks to expand international operations
Germanys Gehrlicher Solar AG has received 85 million in financing for another two years from an international group of banks led by BayernLB.
LDK posts US$1.05 billion net loss in 2012; signs 500 MW supply contract
Debt-ridden LDK Solar has recorded an enormous 2012 net loss totaling US$1.05 billion, significantly up from the $608.95 loss seen in the previous year. Meanwhile, it has signed a wafer supply agreement worth 500 MW with Shandong-based Realforce Power.
Solar power rises in Japan with plans for 636 MW by 2015
Japans corporate giants are establishing major new solar projects in the country, with 636 MW planned by 2015. Japan Asia Group, Nippon Paper, Toyota and Mitsubishi are among the active players in the countrys booming solar market.
