LDK negotiates a stay of execution
The Chinese manufacturer has negotiated a 30-day window relating to overdue interest on bond notes. With $4.4 billion of short-term debt at the end of August, LDK has some tough talks ahead.
GCL Goldpoly announces hitch in stake acquisition
Chinese polysilicon manufacturer GCL Poly has announced a delay in its plans to acquire an equity stake in solar developer Fengxian Huize. A busy day also saw the company’s CFO resign.
Solar, wind could save the US $7 billion in fossil-fuel costs
Adding wind and solar power to the grid is more cost-effective than switching fossil-fueled power plants on and off to make up for the intermittent nature of renewable energy, says the National Renewable Energy Laboratory (NREL).
India's solar mission failing to recognize country's potential, says top researcher
K. Sivadasan, researcher and renewable energy expert, has criticized India’s National Solar Mission for failing to focus on the infrastructure required to adequately meet its lofty objectives.
Philippines to reach 5 MW solar capacity by year's end
The Philippines is on course to more than double its solar capacity to 5 MW before the end of 2013, according to the Philippine Solar Power Alliance (PSPA).
Utilities in several US states plan ways to make solar customers pay more
Homeowners with solar panels that feed into the grid are getting too good a deal, say some state utilities, with plans afoot to readdress the balance.
UAE solar association rebrands to reflect wider Middle East scope
The Emirates Solar Industry Association has been renamed as the Middle East Solar Industry Association (Mesia) in anticipation of expected growth in the region.
Global energy company E.ON moves towards solar as newest board member at SEIA
The Solar Energy Industries Association (SEIA) this week welcomed global energy company E.ON, headquartered in Essen, Germany, as the newest addition to its board of directors.
PV book-to-bill ratio to remain at sub-parity levels for Q3
NPD Solarbuzz forecast a tenth consecutive quarter where net bookings for PV equipment lag behind recognized sale revenues.
EIB to support Indian renewable energy projects with EUR 80 million loan
The European Investment Bank (EIB), supported by Italian export credit agency SACE S.p.A, signs EUR 40 million loan as first instalment to SREI Infrastructure Finance Limited (SREI) to finance renewable energy projects in India.
