ReneSola may sell off its indebted polysilicon, wafer and PV module production businesses to regain compliance with the listing standards of the New York Stock Exchange (NYSE).
The EV, battery and solar company continues to raise record amounts of cash as it ramps Model 3 production. At the same time, Tesla is emphasizing profitability from its solar business, which has undergone a significant transformation since the company bought SolarCity.
The largest-ever state renewable energy solicitation is just one of the moves that the Cuomo Administration has taken in response to U.S. President Donald Trump exiting the Paris Agreement.
The Danish company says that its collaboration with GE will allow it to become the world’s leading provider of silicon-carbide power modules.
The agreement includes a direct investment of $100 million by the utility to fund 200 MW of solar projects across the installer’s national portfolio.
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