ReneSola to build 550 MW globally in 2017
The Chinese integrated PV manufacturer and developer currently has 335 MW of solar capacity under construction in seven countries, with plans to finish 550 MW by the end of the year.
BREAKING: U.S. authorities could lower Taiwanese import duties to single digits
An preliminary finding by the Department of Commerce could lower import duties first imposed on Taiwan solar cell manufacturers in 2014 from high double-digits to single digits, while tariffs on Chinese module and cell manufacturers imposed at the same time remain in place.
Daqo posts $43.5 million profit in 2016
The Chinese polysilicon producer’s net profit rose sharply from $13 million a year earlier, as revenue jumped 25.9% year on year to $229.1 million.
Yingli Green Energy forms special committee for resolution of debt issues
Chinese tier-1 solar manufacturer Yingli Green Energy today announced the formation of a committee of independent directors to assess the company’s situation. The committee will recommend strategic improvements and alternatives, in order to improve Yingli’s debt structure.
BREAKING: Brookfield to take over TerraForm Power, Global
Brookfield has agreed to acquire a 51% stake in yieldco TerraForm Power and plans to become the company’s sponsor, as well as acquiring TerraForm Global outright.
Singulus receives new order for CIGS production equipment
Singulus technologies has announced the signing of a contract worth more than €20 million to supply systems to a Chinese module manufacturer, the subsidiary of a major public energy company.
GCL-Poly units starts PV development venture
Suzhou GCL New Energy and GCL System Suzhou have agreed to jointly invest 200 million yuan ($29 million) in projects in China.
SolarWorld Americas appreciates Trump’s tough trade talk
The panel manufacturer, which operates a production facility in Oregon hopes the president’s call for strict enforcement of U.S. trade laws will give it, as well as other domestic panel companies, a better chance against Chinese competition.
Extension of EU duties on Chinese solar products is now official
On Friday, the EU published in its Official Journal the 18-month extension of antidumping and anti-subsidy duties on Chinese solar products, including notification of a partial interim review of the measures. The review could lead to the gradual reduction of duties and minimum import prices. The EU will also consider if the Minimum Price Undertaking agreement is still of relevance.
ReneSola regains NYSE listing compliance
The Chinese integrated PV manufacturer’s stock has traded above the New York Stock Exchange’s (NYSE) minimum threshold of $1.00 per share for 30 straight days.
