Two Centrosolar Group AG subsidiaries leave protective shield, file for preliminary insolvency
The latest financing concept for the stricken PV supplier sees Centrosolar AG and Centrosolar Sonnenstromfabrik GmbH lose creditor protection as the group attempts to stay afloat.
Suntech acquisition could cost almost $1 billion
Sources close to Shunfeng’s planned acquisition of Wuxi Suntech speculate it could cost CNY5 billion-6 billion. Shunfeng has suspended trading in its shares pending an announcement on the deal.
Yingli Green Energy pledge 59 MW of PV modules for China's Three Gorges New Energy
The panels, for three ground mounted projects in Gansu, Hebei and Baoding, will be delivered before the end of 2013.
SolarCity teams up with Hawaiian Electric Company to develop 15 MW PV plant
The 50-acre project will become the largest PV installation on the island of O’ahu, offsetting an estimated 1.8 million gallons of oil consumption.
GCL Poly profits up to $47 million
The solar developer’s third-quarter update paints a healthy pciture. Staffing costs at GCL Poly have almost halved this year.
Indian state Madhya Pradesh targets 1.4 GW of solar power by 2015
With 202 MW currently installed, the state has set a target of 1,200 MW of solar power generation capacity by June 2015.
EU-China talks dwell on subsidies
The latest round of high level trade talks between the EU and China touched upon the tricky subject of subsidies and state-owned enterprises. Trade commissioner Karel de Gucht was involved in the fourth HED talks, in Brussels.
A bullish outlook for solar in 2014, says Deutsche Bank
Most companies expect global PV demand to exceed 45 GW next year, according to Deutsche Bank’s findings at the Solar Power International event in Chicago.
REC boosts revenue, cuts loss in third quarter
REC’s silicon business saw an increase in polysilicon sales volume of 56% in the July-September quarter despite China’s introduction of preliminary anti-dumping duties.
Dubai switches on its first solar plant, with promise of more to come
The 13 MW PV plant is the first of its kind in the UAE, as the Emirate pledges to reach 1 GW of solar capacity by 2030.
