Shareholder lawsuit launched against Yingli
Troubled manufacturer is accused of misleading potential investors. Chinese giant was unable to borrow from lenders, say claimants.
350 MW co-generation plant to drive down cost of poly
Power and steam from new plant will be used in manufacture of polysilicon. GCL Poly says today’s opening will drive down price further.
SunEdison, TerraForm Power pay $2.2bn for Vivint Solar
Definitive merger agreement with SunEdison yieldco vehicle TerraForm Power will see the company acquire Vivint Solar’s 523 MW U.S. residential PV portfolio.
Chinese-Indian deal targets 2 GW of projects
Indian manufacturer Rolta Power and Chinese counterpart Zhenfa want two per cent of India’s 100 GW, five-year market. The two companies have reportedly signed an MoU.
DEWA closes second round financing on 200 MW Dubai solar plant
Funding for phase II of the Mohammed bin Rashid Al Maktoum Solar Park now finalized, with Dubai Water and Electricity Authority planning commercial operation date of April 2017.
Hanergy cancels deals agreed with itself
Complex Chinese company issues a typically opaque stock market update. Supply deal to supply itself with its own panels has been torn up.
Manz receives $54.2 million in follow-up orders
Follow-up orders amounting to EUR 50 million ($54.2 million) for equipment to produce lithium-ion batteries has German company Manz AG feeling optimistic about the future.
Good news for rooftops and EVs in California
EV charging points to be installed at state department buildings. And DG generators can be bundled for retail on wholesale electricity market.
SolarWorld breaks own PERC record
German manufacturer achieves 21.7% efficiency. The new technology will be incorporated in a 300 W-plus module debuted ‘in the fall.’
Chinese poly maker lands $133m bank finance
As the Chinese government tries to shore up ailing solar, and other, stock prices, Daqo has been handed a six-year boost by its local provincial bank.
