Strategic Alliances

Renesola rebounds from loss with Q2 profit but loan looms large

The project developer trumpeted its return to the black in the second quarter and appears set to secure an $11 million cash injection from its main shareholder. It needs the cash to help settle a near-$29 million debt due for repayment in March.

Goldman Sachs reaches $4 billion in renewable investment potential

Goldman Sachs Renewable Power, a subsidiary of the investment banking giant, has reached an equity pool of $4 billion, which will serve to expand on the hundreds of megawatts in portfolios the company has acquired in the last 12 months alone.

5

IRENA and the UN ink agreement to combat desertification with renewables

A memorandum of understanding signed by the institutions was not solar specific but the use of PV modules for shading, especially in agriculture, can reduce water consumption and help halt the expansion of deserts.

Wacker enters battery business with acquisition of 25% stake in Nexeon

The Munich-based chemical company has taken a substantial minority share in the British materials specialist to expand its silicon-based high-performance battery activity. The value of the transaction was not disclosed.

Teaming up on tandem performance

California-based Hanergy subsidiary Miasolé and European perovskite research institute Solliance have combined their thin film expertise to produce a 23% efficient flexible tandem device consisting of a semi-transparent perovskite cell on top of a flexible CIGS counterpart.

4

Solar pioneer Pierre Verlinden: The big problem is apathy

On the first day of this year’s EU PVSEC conference, veteran solar researcher Pierre J Verlinden won the Becquerel Prize for Outstanding Merits in Photovoltaics. The award recognized more than 40 years as a leading PV researcher in academia and at leading companies including Sunpower and Trina Solar. Its recipient spoke to pv magazine about what is needed from solar to stave off catastrophic climate change.

Singulus lowers outlook after delayed CNBM order

The German PV equipment provider will not achieve the sales and earnings targets set for this year. CNBM is not expected to place orders for the expansion of its CIGS thin-film production operations in China until the fourth quarter.

State-owned Panda Green set to open new credit lines

The debt-saddled developer has announced it is now almost 63% owned by Chinese state entities and is seeking to refinance its debt pile with new long-term arrangements, take on fresh debt and issue more shares.

Comtec ready to swim against the tide by outsourcing manufacturing

While the rest of China’s solar manufacturers take on ever more debt to expand their production lines as fast as possible, Comtec said it is ready to sell off fabs for the right money and will instead focus on project sales and lithium battery and EV business opportunities.

1

Namibia and Botswana mull 20-year, 4.5 GW solar push

The governments of the two African nations are considering deploying huge volumes of generation capacity over two decades. The project, still in its initial phase, is being supported by the World Economic Forum’s Global Future Council on Energy.

3

This website uses cookies to anonymously count visitor numbers. View our privacy policy.

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close