pv magazine’s June edition touches down in Israel to assess the solar mood on the ground, heads to a farm in Germany to inspect a latest technique in LED flashing, and examines how the mining industry is turning to PV in its many hours of need.
JA Solar Holdings Co Ltd has received a takeover bid from its chief executive officer and chairman for around US$489 million. Shares were up 12% following the news.
In separate announcements, U.S.-based SunEdison said it has won contracts for solar projects totaling 371 MW, while Germanys juwi has begun construction on an 86 MW PV plant.
Canadian Solar Inc. has it secured US$53 million in project financing from Investec Bank plc for four solar PV plants totaling 40.2 MW in England. It also again mentioned the formation of a yieldco in the coming months.
Leaders of G7 countries back global greenhouse gas reductions by between 40-70% by 2050, with full decarbonization of global economy by end of century.
Chinese manufacturer Suntech has announced its intention to upgrade 1 GW of its module capacity to polycrystalline PERC output by the end of 2015. The resultant 72-cell modules will have a power output of 325 W, an increase of around 10 MW from its non-PERC, four busbar modules.
SunEdisons yieldco vehicle, TerraForm Power has acquired 23 MW of solar across 48 plants totaling 34 MW from a subsidiary of Integrys Energy Group, Inc. TerraForm will pay US$45 million and assume $10 million in project debt.
Turbulent times for Hanergy follow turbulent weather for Solar Impulse, but the tumult could not derail solar’s juggernaut, which enjoyed a series of positive news stories this week.
JinkoSolar Holding Co., Ltd has supplied 33.67 MW of modules to Rijn Capitals San Pedro solar project in Chiles Atacama desert.
Canadian Solar, ET Solar and ReneSola are no longer exempt from punitive trade duties, having breached the terms under the minimum price agreement framework, which had negated their tariff exemptions. EU Prosun has said they are “just the tip of the iceberg” and that the investigation must be “immediately” extended.
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