JA Solar has formed a special committee, comprised of two company directors, to mull over the US$489 million takeover bid by its chief executive officer and chairman. The move to go private may signal the companys intention to go public in China.
Bridge to India estimates that India will have a cumulative solar PV capacity of 31 GW by 2019, up from around 4.5 GW today. While representing impressive growth, it will fall short of the governments newly increased targets.
In three separate statements, SunEdison has announced the acquisition of two wind companies, in Central America and India, with a cumulative wind portfolio of around 2 GW; and the raising of US$403 million in private placements for its yieldco vehicle, TerraForm Global.
OCI Solar Power LLC has begun construction on a 110 MW solar PV plant in Texas, the U.S. Work is expected to conclude by the end of next year.
The investment opportunities and business models in the energy storage industry need to be identified, writes Ernst & Young. In the energy industry in general, more focus needs to be placed on the customer, with utilities adapting their traditional supply and demand models. Energy security in the Mediterranean is also a top priority.
Hanergy Thin Film has cancelled the 900 MW a-Si equipment order it booked with its wholly-owned subsidiary, Fujan Apollo.
Yingli Green Energy Holding Company Limited has grid connected a 50 MW solar PV plant in Hebei Province, China.
Last week, it was announced 32 GW of utility-scale solar PV projects were currently under development in the U.S. ahead of the Federal energy investment tax credit (ITC) deadline. Analysts believe just 16 GW will be completed by the end of 2016.
Germanys Fraunhofer has announced the launch of a spin-off company, NexWafe GmbH to transfer its kerfless wafer production technology into production. Fraunhofer Venture will supply seed funding.
U.S. thin film manufacturer First Solar has achieved a major boost in module efficiency using its cadmium telluride technology. Today the company announced a full module efficiency of 18.2%, from an 18.6% aperture efficiency module.
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