SunEdison agrees to cancel wafer supply deal
Taiwanese cell manufacturer Gintech has surrendered $21.9 million of its security deposit to escape the final three years of the ten-year contract. SunEdison will return Gintech’s outstanding $35.1 million in quarterly instalments.
Pakistan: Punjab signs 100 MW MoU
The Pakistani state of Punjab has signed a memorandum of understanding (MoU) with British company Pan Africa under which a 100 MW solar power project will be developed in Bahawalpur in eastern Punjab.
New PV projects of 36 MW and 20 MW approved as U.K. on course to hit 3 GW milestone soon
U.K. approves two separate solar PV projects, totaling 36 MW and 20 MW, with construction set to begin imminently. The U.K.’s department of energy also revealed the country installed 707 MW in the first half of 2013.
INRG wins approval for 17 MW solar farm on former airfield site in U.K.
INRG Solar has won approval for a 17 MW solar PV park on the site of a disused World War II airbase in Turweston, Buckinghamshire, in southern England.
Schmid Group builds fully integrated PV production facility for Argentinian utility company EPSE
The deal with Energia Provincial Sociedad del Estado (EPSE) for the 70 MW facility which will produce monocrystalline silicon ingots through to module production is worth an estimated EUR 100 million.
GCL Poly chief exec is investigated
Chairman Zhu Gongshan and his son, and company director, Zhu Yufeng, are being investigated by the poly manufacturer for a potential breach of non-competition agreements. The enquiry relates to interests in two Chinese cogeneration plants.
Egypt's Ministry of Electricity to receive bids for first ever solar PV plant
The 200 MW plant is being offered on a build-own-operate (BOO) scheme, with 23 Egyptian and international companies expected to lodge bids in the tender.
SEIA propose compromise to end China-US trade spat
The Solar Energy Industries Association hopes its new proposals will end recent trade disputes and establish a “win-win” situation for both the U.S. and China, and the wider industry as a whole.
Brasil Solaire to build new solar panel factory to assist access to state loans
With Brazilian homeowners able to apply for state financing if their solar installation consists of 60% domestic components, Brasil Solaire has invested in a EUR 2.9 million solar panel factory to ease their access to the funds.
Hanergy extends bond payment deadline
Hanergy Holdings wants to give its solar subsidiary an extra 12 months to pay off $109 million in convertible bonds due at the end of November. The bonds are held by two other companies in the Hanergy stable.
