German court opens insolvency proceedings against Photon Holding
The District Court of Aachen has opened the main insolvency proceedings against the group due to its inability to meet its liabilities. Preliminary proceedings began in June at the request of a creditor.
Direct Energy acquires US residential installer Astrum Solar
By acquiring the eighth-largest residential solar installer in the United States, Direct Energy and parent company Centrica plc have moved into the U.S. solar PV market. This is part of a trend of acquisitions in this space.
Industry responds to US anti-dumping ruling
Steep duties imposed by the Department of Commerce criticized by both CASE and SEIA, but SolarWorld applauds decision to ‘level the domestic playing field’.
UK: Wind could decide future of utility-scale solar, says IHS
Under the new CfD scheme, solar plants over 5 MW could enjoy an early advantage while the ROC is still applicable for onshore wind projects.
One of Australias largest PV companies goes under
Queensland-based Ingenero appears on the path to bankruptcy, after being placed in administration late last week. Official documents show that the move has occurred after it was unable to pay a U.S. creditor.
SolarReserve signs power contract for 20 MW solar PV plant in El Salvador
El Salvador has awarded a power purchase agreement (PPA) to SolarReserve for the output of a 20 MW project, as part of a competitive solicitation under which 94 MW of PV projects were awarded. These projects are part of a solar boom in the region.
Comtec Solar to double Malaysian production capacity
The Chinese wafer producers will expand capacity at their Sarawak plant from 300 to 600 MW as the company finalizes two supply deals with U.S. companies.
GCL-Poly expects $103m first half 2014 profit
Chinese polysilicon suppliers issue positive profit alert after analysis of preliminary management accounts for first six months of 2014.
SolarWorld increases first half revenue by modest 13%
SolarWorld AG’s preliminary business results for the first half of 2014 also reveal solid growth in module sales but below-par sales of complete systems.
SunPower can access another $44.5 million for solar leases
U.S. vertically integrated manufacturer SunPower has closed an agreement to finance $44.5 million of its solar leases. Hannon Armstrong Sustainable Infrastructure Capital (HASI) is providing the capital.
