Chinese court sides with Canadian Solar in contract dispute with LDK
In a legal win for Canadian Solar Inc., a Chinese court has dismissed a request by LDK Solar to enforce an arbitration award decision by a state trade arbitration commission amounting to CNY 248.9 million ($40.1 million, 31.5 million) in connection with a contract dispute between the two companies.
Centrosolar bond holders approve conversion deal
Centrosolar Group AGs creditors have overwhelmingly agreed to swap outstanding debt from a 50 million bond for 5.5 million newly issued shares in the German PV company.
German industrial associations against AD duties on Chinese PV imports
The Federation of German Industry (BDI) and the Federation of German Wholesale, Foreign Trade and Services (BGA) have warned of the loss of thousands of jobs in Germany if the EU Commission imposes anti-dumping duties on photovoltaic products imported from China, according to a local newspaper.
SEIA report: U.S. military cuts casualties and costs with solar energy
The U.S. Department of Defense (DOD) is one of the world’s largest energy consumers. In recent years, all American military branches have changed their focus from fossil fuels to renewable energies. According to a SEIA report released today, renewable energies can help cut war casualties and costs with solar energy.
EU: Big discrepancy expected between provisional and final AD solar duties
The EU anti-dumping Committee met on Wednesday to discuss the EUs Commissions plans to impose AD duties on Chinese solar imports of an average 47%, but no results were reached. The EU member states now have until May 24 to deliver their comments. EU sources say that there will be considerable discrepancy between the provisional AD import duties and the definitive decision on duties due in December.
China waits on EU verdict
China to wait on EU solar panel anti-dumping decision before announcing results of its own probe into polysilicon imports.
U.S. added 33 MW of new solar in April
17 MW Yuma project the pick of nine new and expanded solar installations as U.S. reaches a cumulative 5.14 GW of generation capacity.
Power-One shareholders sue ABB
Swiss power and automation technologies giant ABB announced on April 22 the acquisition of inverter manufacturer U.S. Power-One. But shareholders of the American company are claiming that the US$1 billion sale price is too low. On Tuesday they filed a class action against ABB.
SNEC: Trade case uncertainty further depresses investment
As the 2013 SNEC tradeshow closes its doors in Shanghai, uncertainty over the EU trade case and lack of cash flows remain major impediments to investment and innovation. New business opportunities in emerging markets are also seen as vital for manufacturers as SNEC proves to be a meeting point for the Asian-Pacific PV industry.
Gehrlicher secures 85 million in financing as it seeks to expand international operations
Germanys Gehrlicher Solar AG has received 85 million in financing for another two years from an international group of banks led by BayernLB.
