The German solar supplier will try again to persuade creditors to back a partial debt-for-equity swap, on April 14. The Munich company plans to continue with just its American subsidiary in future.
Trading in panel maker Baoding Tianwei Baobian Electrical’s shares has been suspended after the company reported back-to-back annual losses. A domino effect could be about to kick in in the Chinese solar sector.
The African Renewable Energy Fund closed its first round of capital raising with $100 million in the bank. The fund hopes to double the amount available for 5-50 MW schemes within 12 months.
The Chinese ingot, wafer, cell and module manufacturer posted another loss in its latest figures. But the Hanwha CEO is preparing to expand production capacity to meet demand.
The new facility at Guelph, Ontario, is part of the company’s Total Solutions downstream business. The testing center was part-funded by the Ontario Ministry of Energy.
The Department of Energy’s Incubator program has announced the recipients of its eighth round of awards. Belmont-based CelLink Corp says it can reduce panel manufacturing costs by 10%.
Entrepreneur Elon Musk’s solar leasing company will roll out a new sales approach at 60 Best Buy stores across the U.S.
The Austrian Ministry of Finance has introduced a grid fee for PV systems that produce more than 5,000 kWh per year.
The solar tracking company has agreed a supply deal with French renewable energy company Fonroche Energie for its Le Betout PV plant.
Solid demand from Japan and China saw the solar company end 2013 on a high, forecasting further growth for 2014.
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