Belectric extends credit line
Germany’s Belectric has managed to increase its credit facility by 30%, which will allow it to better respond to new growth markets.
Orix, Kyudenko, JFE partner on renewable energy projects in Japan
Kyuko Lease Inc., a subsidiary of Japanese financial service provider Orix, has partnered with Kyudenko Corporation and JFE Engineering Corporation to develop approximately 50 MW of green power plants across Japan.
SolarWorld possibly saved by Qatar-based subsidiary
Qatar Solar Technologies looks set to rescue SolarWorld with a 35 million investment, making it a 30% shareholder in the financially troubled German company.
Kyocera to develop 30 MW solar projects across Japan
Kyocera has signed a major contract to supply and construct 30 MW of solar installations throughout Japan.
Almost 9 GW of projects submitted for licensing in Turkey
The first licensing round for PV projects larger than 1 MW in Turkey has been exceeded by almost 15 times. Nearly 500 applications with a total 8.9 GW were handed in between June 10 and 14.
Siemens to close down its solar division
Siemens will shut down its solar division after failing to find a buyer for the unit, which has been on the block since October.
Martifer launches online monitoring portal
Martifer Solar has launched its Energy Portal today, allowing power plant owners to monitor in real time their photovoltaic power plants. The portal integrates data from 250 Martifer plants worldwide.
MidAmerican to raise $700 million for 579 MW AVSP
Berkshire Hathaway subsidiary MidAmerican Energy Holdings has issued $700 million in series A senior secured notes, to help finance its 579 MW Antelope Valley Solar Projects (AVSP). The notes will be due in 2035.
China Sunergy ships from new Turkey facility
Only days after officially opening its new Turkish plant, China Sunergy (CSUN) has announced that it has commenced shipments. The production facility will have a capacity of 300 MW in modules and 100 MW of photovoltaic cells, when fully ramped.
Centrotherm loses order from Algeria
Only two weeks after termination of its insolvency proceedings Centrotherm has lost a large order from Algeria. Thus a project worth millions has escaped the manufacturer of photovoltaic systems and equipment.
