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Financial & Legal Affairs

Shunfeng settles balance for Wuxi Suntech

Following last month’s acquisition of Wuxi Suntech, Chinese solar module provider Shunfeng has settled the final $412 million balance.

US tax plan 'could jeopardize future clean energy development'

The Solar Energy Industries Association (SEIA) is warning that a new tax plan proposed by the Senate Finance Committee could be detrimental to the U.S. solar industry.

S.A.G. Solarstrom announces insolvency

After weeks of contract uncertainty and cash flow shortfalls, the struggling solar supplier has today filed for insolvency, and will be unable to make its impending corporate bond interest payment.

Trina Solar announces joint venture with Yabang Group

The Chinese PV giants have invested $45 million in Yabang Group’s subsidiary, Changzhou NESL Solartech Co., and hope to reach 500 MW production capacity within 12 months.

Dow Corning snaps up Mitsubishi's Hemlock polysilicon stake

The manufacturer of silicon-based products will buy the stake, which comprises two solar polysilicon ventures, for $240 million.

Brazil launches first solar auction with price ceiling of $109

The state of Pernambuco has set a price ceiling of $109 per megawatt hour for Brazil’s first auction aimed exclusively at solar energy projects scheduled to take place on December 20.

Trina Solar Q3 results reveal first profit for nine quarters

The Chinese solar company follows in the footsteps of Jinko Solar and Canadian Solar in returning to profit towards the end of 2013.

Stanford report asks: what might the solar future look like?

Stanford University and the German Federal Ministry for the Environment gathered together 20 top solar executives this summer for a one-day workshop to discuss how the solar industry might play out in the future. The results made for some interesting reading.

Yingli Solar announces 1 MW of accumulative solar shipments to Jordan

As Jordan aims for 600 MW of installed solar capacity by 2020, Yingli Solar are well positioned to improve on their 20% market share in the country.

First Solar to invest $100 million in Japan PV development

The investment was announced on the same day the company also revealed details of an agreement with JX Nippon Oil & Energy Corporation to distribute its high efficiency PV modules in Japan.

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