Press Releases

In addition to an array of illegal subsidies that have enabled China’s state-sponsored solar industry to seize more than half of U.S. and world market share at the expense of U.S. companies and jobs, the government of China recently issued a new Five-Year Plan for solar that provides for even greater government control and support of its industry, according to an analysis commissioned by the Coalition for American Solar Manufacturing (CASM).

In addition to an array of illegal subsidies that have enabled China’s state-sponsored solar industry to seize more than half of U.S. and world market share at the expense of U.S. companies and jobs, the government of China recently issued a new Five-Year Plan for solar that provides for even greater government control and support of its industry, according to an analysis commissioned by the Coalition for American Solar Manufacturing (CASM).

Tenesol, the global solar power provider recently acquired by SunPower Corp., will take part in Solarexpo 2012 in Verona, Italy.

Sunways AG is postponing the publication of its financial statements and consolidated financial statements as well as of the other documents relating to the annual financial report of Sunways AG for the fiscal year 2011 which had been scheduled for 30 April 2012.

The Solar Company and Strombeck Properties are excited to announce two brand-new SunPower solar power systems installed to power two apartment complexes, consisting of nearly 250 individual units and two community laundry areas.

Martifer Solar is opening a new office in Romania. Based in Bucharest, the new subsidiary will share the same building of all the other business units of Martifer group which is already present in the Romanian market since 2004.

In early April, Fort Lauderdale’s Community Redevelopment Agency (CRA) approved a $5,700 contract to help renovate the main campus of US Solar Institute (USSI).

Salamon Group, Inc. is pleased to announce that it has agreed to expand its ownership of Solar Samoa Ltd. by purchasing the balance of Solar Samoa Ltd, a Samoa-based solar energy company that possesses a pipeline of solar projects that Eco Energy and its partners have been developing.

Meyer Burger Technology Ltd has successfully raised long-term capital in an amount of CHF 110 million through the issuance of a Swiss Franc denominated straight bond.

Hanwha SolarOne Co., Ltd. has obtained, through the Company’s wholly owned subsidiary Hanwha SolarOne Hong Kong Limited, a three-year US$180 million syndicated term loan facility led by The Korea Development Bank, Standard Chartered Bank (Hong Kong) Limited, KEB Hong Kong Branch, KDB Asia Limited, and KEB Asia Finance Limited.