With a six-month deadline for bringing its stock above US$1/share pending, the company that was formerly the world’s largest module maker is taking action.
Despite the leadership of both parties supporting the spending bill that contains a three-plus year extension of the ITC, the bill may fall prey to politics.
Andhra Pradesh state-backed utility NTPC awards tender to Softbank under Phase-II, Batch-II, Tranche-I of the National Solar Mission at a tariff of $0.07/kWh for 25 years.
Hopes that Congress can agree a deal to extend the Investment Tax Credit scheme beyond 2016 have prompted a jump in the shares of leading U.S. solar company such as SunPower and SunEdison.
Germanys VDMA has reported that sales of manufacturing equipment for the PV industry are up 56% in the first nine months of 2015, compared to results from the previous year (Y/Y). The rebound represents a return to order volumes not seen since 2012.
Inter-American Development Bank to loan $40 million to boost the Honduran electricity sector, specifically to support a reform process anchored in renewable energy.
Committee of Japan’s Ministry of Economy, Trade and Industry (METI) concludes meeting discussing the introduction of an auction process for large-scale solar projects. System likely to begin in FY 2017.
In what has been described as a sweeping bill to keep the cogs of the U.S. government turning, legislation has been introduced to Congress in which an extension of the solar Investment Tax Credit has been included. Tacked onto the miscellaneous section of the legislation, the bill would see the ITC maintained at 30% through to 2020, and then stepped down in a measured fashion in the following years.
Trina Solar has announced a new efficiency record of 22.13% for its p-type mono-crystalline silicon solar cell.
The California-based company plans to use net proceeds for general corporate purposes, including pursuing its HoldCo and YieldCo strategies, capital expenditures, lowering debt and potential acquisitions.
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